Govt awards extra $468m to ministries

via Govt awards extra $468m to ministries – DailyNews Live 27 September 2014 by Lloyd Mbiba

HARARE – Government has awarded its ministries an extra $468 million, with the Agriculture ministry getting the biggest chunk of $236 635 000.

In a general notice 250 of 2014 published in the Government Gazette yesterday, Finance minister Patrick Chinamasa through the Appropriation (Supplementary) Act, adjusted the consolidated revenue fund with $468 million.

“The consolidated revenue fund is hereby charged with sums of money as may be required for the service of Zimbabwe during the year ending on the 31st December, 2014, not exceeding in aggregate the sum of $467 915 000,” reads part of the Appropriation Act.

“Subject to section 19 (1) of the Public  Finance Management Act (Chapter 22:19) (No. 11 of 2009, the moneys appropriated by section  2 shall be applied to the services detailed in the Schedule and more particularly specified in the Supplementary Estimates of Expenditure for the year ending on the 31st December, 2014, submitted to and passed by the National Assembly.”

According to the notice, the Finance ministry is the second biggest benefactor with $118 959 000, followed by Home Affairs at $40 million.

Next is the office of the President and Cabinet with $18 million, Defence $15 million, Industry and Commerce $11 911 000 and Primary and Secondary Education with $10 million.

The Sports, Arts and Culture ministry came in at $9 million, while the Parliament of Zimbabwe was last on the list with $8 410 000.

Two weeks ago, Chinamasa announced a $933 million supplementary national budget to stimulate economic recovery.

COMMENTS

WORDPRESS: 4
  • comment-avatar

    yah! its either Mugabe is a fool or he is a lunatic. why allocate 15m to defence and 10 to education? he knows that for his he will always buy degrees so he does not care about what happens to the education sector? the deployment of dokora and mavhaire is a clear testimony that Mugabe wants to send the country back to the stone age. goodbye good education, goodbye electricity.

  • comment-avatar
    revenger avenger 8 years ago

    …And so where is the Mari coming from ????????? !!!!!!!!!!!!

  • comment-avatar

    I think you mean, where is the money coming from? It’s coming from Zim Asset of course! It will just fall from the trees, where did you think it would come from? Dr. DisGrace?

  • comment-avatar

    Operation Garikai/Hlalani kuhle, kkkkkkkkkkkkk!!! Chombo would be a funny clown were it not for the fact that even more people are being rendered homeless.