The 2024 national budget proposals that Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube, presented last week are still undergoing parliamentary procedures, the Ministry of Information, Publicity and Broadcasting Services would like to notify the people of Zimbabwe.
Committees have been established by the parliament to consider the legitimate concerns of the corporate and civic communities in Zimbabwe as well as the people themselves.
The Budget process goes through various stages against the background of estimated expenditure and expected income estimates.
The setting up of committees makes the Budget process purely a stakeholder-driven approach and involves debates in the National Assembly and Senate.
The Budget proposals are guided by the National Development Strategy 1 (NDS1) and the people of Zimbabwe.
The expected revenue inflows, the estimated expenditure priorities and the Constitution of Zimbabwe are the bedrock upon which the national Budget is formulated.
The rights and freedoms of the people of Zimbabwe will not be violated by the budget-making process.
Currently, as a Government, we are committed to the stakeholder-driven approach to national Budget formulation to improve the standards of living for the people of Zimbabwe.”