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Local Authorities Defy Treasury Directive On Forex Charges

1 year agoSat, 10 Sep 2022 06:09:04 GMT
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Local Authorities Defy Treasury Directive On Forex Charges

Some local authorities are reportedly still charging services in foreign currency in defiance of a Government directive to charge all services in local currency.

The local authorities say they haven’t received the order from the Ministry of Local Government and Public Works to charge all services in Zimbabwe dollars.

Local Government Permanent Secretary, Zvinechimwe Churu, told Business Weekly that the Government was aware of resistance by some local authorities.

He said they will soon write letters directing local authorities to comply with the directive recently issued by Finance and Economic Development Ministry. Said Churu:

But this will be a redundant directive because the circular (Treasury) is clear and the law is clear.

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Asking the ministry to issue a circular is asking for too much supervision… it’s unnecessary but we are writing (to) them.

Last week, Treasury directed all Government departments, agencies and local authorities that all their services should be charged in Zimbabwe dollars.

The Treasury can, however, grant exemptions.



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