- 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
2021 Budget Highlights
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By The NewsDay | Nov. 26, 2020 | 1 Min read
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