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‘Present USD budget for 2023’

NewsDay Staff ·

‘Present USD budget for 2023’

THE Zimbabwe Coalition on Debt and Development (Zimcodd) has called on Finance minister Mthuli Ncube to present the 2023 national budget in United States dollar terms to avoid the need for a supplementary budget.

Ncube will present the budget next month at a time when the country’s economy is facing major headwinds that include currency volatility, high inflation, liquidity constraints, policy inconsistency and rolling power cuts.

“It is the demand of citizens that the government must budget in US dollar terms to eliminate the need for a supplementary budget as experienced in the current budget,” Zimcodd said in its recommendations for the 2023 budget.

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