via Zimbabwe 2014 budget highlights | The Source December 19, 2013
- Chinamasa presents $4.4 billion national budget.
- Economy to grow by 6.1 % in 2014.
- Exports seen reaching $5 billion in 2014, from $4.43 bln this year.
- Imports ballooning to $8.3 billion in 2014 from $7.6 bln this year.
- Government to assume $1.35 billion Reserve Bank debt, to recapitalize central bank by $200 million.
- Indigenisation laws to stay.
- Royalties on gross diamond earnings up to 15pct .
- Interbank market back, Afreximbank to provide guarantee.
- Zim gets $1.6 billion Diaspora remittances annually.
COMMENTS
“Zim gets $1.6 billion Diaspora remittances annually”. If this were to stop mugabe&co would be in serious matuvi.
LOL – Imports 8.3 Bn, exports 5 Bn. I think that says it all. And if the economy grows by 6.1% I will publically apologise in AU square.
TOTAL NONSENSE – like the “Sacred Sanctions” myth. What a bunch of clowns
C Frizell
THE DIASPORANS ARE NEEDED WHEN IT COMES TO INVESTIMENT AND NOT NEEDED WHEN VOTING! WHAT FOOLISHNESS IS THIS!
China massa dreamt this in his sleep. Utter balderdash. A total travesty of economics and finance. Maybe mliswa kaukonde chiyangwa bonamugabe helped him produce this amazing garbage.
How can the diamond remitances go up when the reserves are running out at Chiadzwa? Handiti makaba?
This is a joke – how can the economy grow by 6.1 percent?