Zimra, Ministry of Finance give contradicting revenue stats

via Bulawayo24 NEWS | Zimra, Ministry of Finance give contradicting revenue stats 08 April 2014

The Zimbabwe Revenue Authority (Zimra) says it managed to surpass its targeted revenue collection for the first quarter as Government battles to meet the April deadline to give civil servants a pay rise.

Zimra Commissioner General Gersem Pasi told the Parliamentary Portfolio Committee on Foreign Affairs this morning that the authority had exceeded the set target by 2 percent.

“We exceeded the quarterly target by 2 percent, that is for January, February and March,” he said.

However, there seems to be no certainty on the exact figure of revenue collections for the first quarter as the Ministry of Finance had earlier said that the budget targets had been missed by 6 percent.

On Monday, Finance and Economic Development permanent secretary Willard Manungo said collections for January, February and March were 6 percent lower than what was envisioned in the budget.

Pasi said the first quarter had been generally slow and this had impacted on revenue collections.

He added that Zimra would announce the full revenue collection results for the quarter next week.

Zimra missed annual budgeted revenue for 2013 by 6 percent following missed targets for mining royalties.

Government had targeted $3,64 billion for the year but Zimra collected $3,43 billion.

COMMENTS

WORDPRESS: 5
  • comment-avatar
    Mlimo 7 years ago

    They don’t really know what they’re doing do they – one says for three months they’ve missed targets and budget the other says the opposite. What a bunch of clowns. I can tell them they are not meeting budgets of collection GDP and the rest because of zanupf brainless policies and because Mugabe remains in power. FULL STOP . Without a change in policy indigenisation, rule of law, property rights, human rights and mining policy. NO MORE positive changes can occur. But then Zimbabweans are pretty stupid for voting for Mugabe year after year. You reap what you sow.

  • comment-avatar
    Roving Ambassador 7 years ago

    They just say whatever suits for that moment.
    No one is doing any govr work in ZANU,the spend all their time at the farms with girlfriends looting the next looting expedition.
    Mbavha.

  • comment-avatar

    Hell is hot!!!!

  • comment-avatar
    machakachaka 7 years ago

    It’s normal, like we used to be taught that 2 minus 5 “it can’t”. Later we were taught that 2 minus 5 is minus 3. We were also told the earth is elliptical, but we still frequently read about the “four corners of the world.” (Here an ellipse is said to have corners, zvakaoma) So there is nothing amiss about conflicting figures from Zimra and Finance Ministry. See?