Two weeks ago the Minister of Finance, Tendai Biti, warned MPs of “a major revision” of his $4 billion 2012 Budget, saying: “Part of the major revision arises out of the underperformance of the revenue targets. I can tell you that between January and May 2012, we have failed to meet our revenue target by $194 million. Therefore, the figure of $4 billion is going to be revised downwards”.
As a result of these extra sittings the opening of the next session of Parliament, originally scheduled for July 17, will probably only take place in August.


