We need monetary, fiscal alignment: Zimra

THE Zimbabwe Revenue Authority (Zimra) Commissioner-General Faith Mazani has called for monetary and fiscal policies alignment as the depreciating Zimbabwe dollar (ZWL) has made it difficult to plan.

The local currency continues to lose value daily eroding individual and corporate earnings which affect the taxman’s ability to collect taxes when Treasury is targeting revenue collections of $58,6 billion for 2020.

“In a volatile environment like we are going through, it becomes very necessary to always ensure that the monetary and fiscal policies are aligned.

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