Budget size $421,6 billion Revenue collection projections $390,8 billion Public debt $1,972,848.34 Economy expected to rebound by 7.4% in 2021 from a consecutive 2-year downturn. Year on year inflation is projected to reach 9% by the end of 2021 Overall budget balance -30,812.76 Current account balance $73837.3 International Reserves (Months of Import Cover) 2 months […]
- Budget size $421,6 billion
- Revenue collection projections $390,8 billion
- Public debt $1,972,848.34
- Economy expected to rebound by 7.4% in 2021 from a consecutive 2-year downturn.
- Year on year inflation is projected to reach 9% by the end of 2021
- Overall budget balance -30,812.76
- Current account balance $73837.3
- International Reserves (Months of Import Cover) 2 months
- Primary and Secondary Education got the highest vote, followed by health and child care and on number three lands and agriculture
- Upward review of tax free threshold from $5 000 to $10 000.
- Forex Corporate Tax payments to take
- Forex Corporate Tax payments to take into account RBZ prescribed retention or liquidation thresholds
- Upward Review of the IMTT tax free threshold from ZW$300 to ZW$500
