Government & Other Institutions
1. The 2019 Mid-Year Budget Review seeks to update the nation at large on the performance of the economy during the first half of the year.
2. On the basis of recent developments, the Review outlines an updated Macro-Fiscal Framework, which underpins the proposed 2019 Supplementary Budget.
3. To the extent possible, contributions received from various stakeholders in Government, private sector and civic organisations, are acknowledged and appreciated in the crafting of this Review.
4. What is important is to remain steadfast in implementing key reforms, hence the theme for this Review: ‘Building a Strong Foundation for Future Prosperity’.
Transitional Stabilisation Programme Implementation Progress
• Fiscal and monetary policy successfully shifted to a disciplined and sustainable regime.
• The ‘twin-deficit’ was successfully tackled, and 2019 has so far seen consistent fiscal surpluses and a substantial improvement in the current account balance.
• The current account, for the first time since 2009, registered a surplus in the first quarter of 2019.
• Monthly revenue collections for the first six months amounted to ZWL$5.0 billion, against expenditures of ZWL$4.2 billion.
1. Mr Speaker Sir, I rise to present this year’s Mid-Year Budget Review, complying with section 7(2)(a) of the Public Finance Management Act.
2. The Review seeks to update this august House and the nation at large on macroeconomic developments during the first half of the year. On the basis of developments to date, the Review further outlines an updated Macro-Fiscal Framework, which underpins the proposed 2019 Supplementary Budget.
3. To the extent possible, contributions received from various stakeholders in Government, private sector and civic organisations, including critics, are acknowledged and appreciated in the crafting of this Review. Mr Speaker Sir, there is a saying by Michael Bassey Johnson (a writer) that “a bitter critic is the sweetest corrector”. It is, therefore, incumbent upon all of us to be tolerant of different views and freely participate in the reconstruction of this economy.
On the occasion of the International Day against Homophobia, Transphobia and Biphobia, the European Union reiterates its unswerving commitment to promoting and protecting the rights of lesbian, gay, bisexual, transgender and intersex (LGBTI) persons.
The Zimbabwe Coalition on Debt and Development (ZIMCODD) joins the Zimbabwe Congress of Trade Unions (ZCTU) and workers, the world over, in commemorating the Int
President Emmerson Mngangagwa has responded to concerns that were raised by over 140 Matabeleland civil society leaders who met him at the Bulawayo State House last month.
This Situation Report is produced by OCHA Regional Office for Southern and Eastern Africa in collaboration with humanitarian partners. The Situation Report builds on Flash Updates No. 1 and provides more detailed information on the situation and response.
On Tuesday 26 March 2019 the European Parliament voted in favour of adopting the Directive of the European Parliament and of the Council on Copyright in the Digital Single Market .
Children suffer more from exposure to disasters including physical and psychological effects, and disruption in their schooling. Cyclone Idai has caused significant damage to water and sanitation infrastructure impeding access to safe water.