“The Secretary for Finance advises that the Minister of Finance will
present to Parliament, the 2008 National Budget on Thursday, November
29 2007,” read a statement released by the ministry on Wednesday.
In his budget, Mumbengegwi is expected to come up with measures that
will arrest hyperinflation, address the balance of payment deficit,
foreign currency shortages, pricing distortions, diminished export
viability, low capacity utilisation in key productive sectors among
other issues.
The budget is also expected to address a number of issues, chief among
them, the supply side bottlenecks in order to improve the availability
of commodities on the market.
Mumbengegwi is also expected to address the rising poverty levels, the
HIV/Aids pandemic and access to clean water. – Own correspondent
Post published in: News