|
Back to Index
Weekly
economic bulletin
Crisis
in Zimbabwe Coalition
September 13, 2007
Download this document
- Word
97 version (263KB)
- Acrobat
PDF version (64KB)
If you do not have the free Acrobat reader
on your computer, download it from the Adobe website by clicking
here.
Introduction
On Thursday, 30 August
2007, the Minister of Finance, Samuel Mumbengegwi presented the
Z$37.1 trillion supplementary budget in the August House. The budget
was four times the initial budget. This entails that the government
proposes to stray from the funds which it had allocated for its
activities quadruple. Hence 75% of the state consumption was not
budgeted for leaving two main options; it will either borrow from
finance its undisciplined behaviour or print more money as a remedy.
This week, we are analyzing the effects of the poor fiscal policy
regime on the national fiscus and propose the way forward.
Download
full document
Visit the Crisis
in Zimbabwe fact
sheet
Please credit www.kubatana.net if you make use of material from this website.
This work is licensed under a Creative Commons License unless stated otherwise.
TOP
|
