Biti said this in Parliament while debating Ncube’s
supplementary budget announced last month.
“Even though we are calling it a supplementary budget, it
can’t be. It is, in fact, a brand new budget. A supplementary budget should be
a 10%-15% of the initial budget. When it is over 100%, it can’t be
supplementary,” he said.
“The Minister of Finance brought a budget in November of
2021 that was based on certain projections. Hardly more than six months later,
he has come to this august House to ask for a 100% in his budget.
“We question the credibility and legitimacy of all the
processes we are doing. It’s a waste of time that we are asked to sit here when
the minister is going to go and be 100% off target.”
Ncube is also seeking condonation for unauthorised
expenditure amounting to $100,7 billion in 2020, and US$6,8 billion for 2019
from Parliament.
Norton MP Temba Mliswa (Independent) said: “We have to look
at whether what we passed before has been disbursed or not. The last time we
debated, 30% had been disbursed, not 100%. So why do we need a supplementary
budget when you have not disbursed the first lot?”
Goromonzi West MP Energy Mutodi (Zanu PF) also said the
supplementary budget did not address the economic challenges the country is
facing. Newsday
Parliament tore into Mthuli Ncube s mid term review this afternoon. The major source of Zim macro-instability is a government that has mismanaged the exchange rate and is pursuing an expansionary fiscal policy. Eat what you kill & stop deficit economics , was out message to them pic.twitter.com/tYTljr7F9x
— TENDAI BITI (@BitiTendai) August 16, 2022
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