The 2017 National Budget Comments (Part 3) by Tapiwa Mashakada MDC Secretary for Finance and Economic Affairs

In part 2 we looked at the macro-economic and fiscal framework. In this issue we look at Vote Allocations and identify the top 10 cost drivers:

 

  1. . Pension – USD478 million
  2. . Primary and Secondary Education – USD783 million
  3. . Home Affairs – 384 million
  4. . Defence – USD357 million
  5. . Health and Child Welfare – USD302 million
  6. . Agriculture – USD292 million
  7. . Finance – USD210 million
  8. . Public Service, Labour – USD194 million
  9. . Office of the President and Cabinet – USD187 million
  10. .Debt Service – USD180 million

This prioritized cost structure tells you that this government has gone mad. Really mad. How can the government fail to put money where it matters. Look at how critical sectors which drive growth have been resource-choked. For example:

  1. . Transport and infrastructure – USD56 million
  2. . Tourism – USD2.6 million
  3. . Industry – USD18.5 million
  4. . ICT – USD3 million
  5. . Energy – USD6.2 million
  6. . Audit office – USD3 million
  7. . Mining – USD5 million
  8. SMEs – USD6.4 million
  9. . Women – USD8.2 million
  10. .Environment – USD40 million
  11. .Anti- Corruption Commission – USD2 million
  12. .ZEC – USD9 million

Now let us juxtapose against the following:

  1. . Indigenization – USD17 million
  2. . Council of Chiefs – USD3 million

Do you see my point? I rest my case.

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