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"Nothing Meaningful As Usual," Zimbabweans Pessimistic About Mthuli Ncube's Budget

4 years agoTue, 12 Nov 2019 11:52:01 GMT
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"Nothing Meaningful As Usual," Zimbabweans Pessimistic About Mthuli Ncube's Budget

Zimbabwe business leaders, trade unionists and informal traders have expressed hopelessness over the yet to be presented Finance Minister, Mthuli Ncube’s budget.

Speaking to New Zimbabwe in an interview, Zimbabwe Congress of Trade Unions secretary-general, Japhet Moyo said:

As usual, nothing is expected from the budget announcement. Firstly, the process of budgeting was exclusively for the politically correct, and leaving out key stakeholders in the consultation exercise.

As usual, I foresee the priorities being the security sectors and few resources being channelled towards social services and infrastructure.

His remarks come after Ncube expectedly said that the security sector needs to be taken care of since they ensure peace and security in the country.

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Ncube said that peace and security are essential for the growth of the economy and the success of all other sectors.

More: New Zimbabwe

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