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Mthuli disappoints

The Minister of Finance and Economic Development Professor Mthuli Ncube yesterday presented the National Budget for 2019 which stimulated disappointments from ordinary citizens and civil servants and has been considered a fiscal statement far from reality.

The budget stated that there will be impose of duty in foreign currency yet people are earning their salaries in bond notes. The civil servants are furious over the government as it cannot pay them in foreign currency but in money that have been eroded by hyperinflation.

The Minister in his budget insisted that the multi-currency system will remain in place, with the US dollar being the currency of reference out of the currency basket.

The issue that the 2019 national budget increased the tax base does not imply the budget as the one which speaks benefit to the people henceforth people are against it.

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About Sharon Taruvinga