{"id":63810,"date":"2022-08-03T15:04:27","date_gmt":"2022-08-03T13:04:27","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/chamisa-comments-on-mid-term-budget-review-full-thread"},"modified":"2022-08-03T17:22:11","modified_gmt":"2022-08-03T15:22:11","slug":"chamisa-comments-on-mid-term-budget-review-full-thread","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/chamisa-comments-on-mid-term-budget-review-full-thread","title":{"rendered":"Chamisa Comments On Mid-term Budget Review [Full Thread]"},"content":{"rendered":"

Africa-Press – Zimbabwe. <\/strong><\/span>CCC leader Nelson Chamisa says the mid-term budget review presented last week by the Minister of Finance and Economic Development, Mthuli Ncube, shows that the country has a serious leadership crisis.<\/p>\n

Posting on Twitter, Chamisa outlined some of the measures that the government should implement to alleviate the citizens\u2019 suffering.<\/p>\n

The measures include dollarisation, restoration of civil servants\u2019 pre-October 2018 US$540 salaries and the elimination of the RBZ forex auction, among other things. Wrote Chamisa:<\/p>\n

1\/12 The recent MID TERM BUDGET review confirms that Zimbabwe is in a serious leadership crisis and citizens are exposed to extreme poverty and suffering. I say this for the following reasons:<\/p>\n

2\/12 At a time when inflation has reached 257% in July and people in extreme poverty are 7.9 million (49%), the budget disbursements to social are extremely low, e.g., the ministry of health has been given 27% of the budget by June instead of a min of 50%.<\/p>\n

3\/12 When the consumer basket for a family of 5 has topped ZWL$140K, the government raises the salary of the lowest paid civil servants to $35K (excluding the US$175) and raises the tax-free threshold to $50K, both of which are far below the consumer basket & poverty datum line;<\/p>\n

4\/12 There is just unrestrained indiscipline in govt upon rampant galloping corruption. The condonation of ZWL$107 billion for the 2020 & 2019 fiscal years is testimony to this. The govt has created distortions in the foreign currency markets & now gold coins, the havens for corruption.<\/p>\n

5\/12 We face a major economic collapse and prospects of the bleakest Christmas season this year. USD: RTGS is now at 1:approx 800. The leadership failure is dramatic, gigantic and encyclopedic.<\/p>\n

6\/12 The following must be done immediately: a)Dollarisation which will immediately eliminate distortions, forward pricing and multiple pricing; b)Restoration of the US$540 as a starting salary;<\/p>\n

7\/12 c)Holistic tax reform. Reduce the tax burden on citizens and the business in general. As part of the tax reforms, we will remove the 2% tax and streamline taxes; d)Remove distortions esp in the agricultural sector and construction sectors which have created a casino economy.<\/p>\n

8\/12 e)The elimination of the Currency Auction and reforming the RBZ through limiting the power of the central bank. Separating the roles of central banking and financial services supervision.<\/p>\n

9\/12 f)Reforming the budgetary process so that the budget comes from parliament and not from the Ministry of Finance. The budget must come from the Citizens -a Citizens-centered budget.<\/p>\n

10\/12 g)Radically dealing with the corruption pandemic and instituting special mechanisms to eliminate and punish the corrupt.<\/p>\n

11\/12 h)Holding credible, free and fair elections preceded by a comprehensive pact on electoral reforms.<\/p>\n

12\/12 i) Only a leadership change will rescue our beautiful country and in no time turn and transform this Zimbabwe from ruins to greatness. We are new leaders.<\/p>\n

For More News And Analysis About Zimbabwe<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zimbabwe. CCC leader Nelson Chamisa says the mid-term budget review presented last week by the Minister of Finance and Economic Development, Mthuli Ncube, shows that the country has a serious leadership crisis. Posting on Twitter, Chamisa outlined some of the measures that the government should implement to alleviate the citizens\u2019 suffering. The measures […]<\/p>\n","protected":false},"author":84,"featured_media":63809,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,8,35,12,15],"tags":[11065,11018,1493,2189,5598,64,19],"class_list":{"0":"post-63810","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-head-lines","9":"category-homepage-english","10":"category-policy","11":"category-twitter","12":"tag-2022-mid-term-budget-review","13":"tag-2022-mid-term-monetary-policy-statement","14":"tag-africa-press","15":"tag-africa-press-zimbabwe-2","16":"tag-mid-term-budget-review","17":"tag-nelson-chamisa","18":"tag-zimbabwe"},"yoast_head":"\nChamisa Comments On Mid-term Budget Review [Full Thread] - zimbabwe<\/title>\n<meta name=\"description\" content=\"CCC leader Nelson Chamisa says the mid-term budget review presented last week by the Minister of Finance and Economic De ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/chamisa-comments-on-mid-term-budget-review-full-thread\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chamisa Comments On Mid-term Budget Review [Full Thread]\" \/>\n<meta property=\"og:description\" content=\"CCC leader Nelson Chamisa says the mid-term budget review presented last week by the Minister of Finance and Economic De ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/chamisa-comments-on-mid-term-budget-review-full-thread\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-03T13:04:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-03T15:22:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/08\/postQueueImg_7-62ea92873819a.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"606\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/chamisa-comments-on-mid-term-budget-review-full-thread\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/chamisa-comments-on-mid-term-budget-review-full-thread\",\"name\":\"Chamisa Comments On Mid-term Budget Review [Full Thread] - 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