Zimbabwe 2014 budget highlights

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

WORDPRESS: 6
  • comment-avatar
    MikeH 8 years ago

    “Zim gets $1.6 billion Diaspora remittances annually”. If this were to stop mugabe&co would be in serious matuvi.

    • comment-avatar
      Charles Frizell 8 years ago

      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

  • comment-avatar
    Tjingababili 8 years ago

    THE DIASPORANS ARE NEEDED WHEN IT COMES TO INVESTIMENT AND NOT NEEDED WHEN VOTING! WHAT FOOLISHNESS IS THIS!

  • comment-avatar

    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.

  • comment-avatar
    adam jones 8 years ago

    How can the diamond remitances go up when the reserves are running out at Chiadzwa? Handiti makaba?

  • comment-avatar
    The Future 2025 8 years ago

    This is a joke – how can the economy grow by 6.1 percent?