By ZBC Reporter
PRODUCTIVITY of Zimbabwe’s agricultural sector is set to be enhanced through a comprehensive ease of doing business reforms around this sector.
Government is also looking at consolidating the gains of Transitional Stabilization Programme after approving the 2021 pre-budget strategy paper firmly hinged on supporting productive value chains
The latest development was announced by the Minister of Information, Publicity and Broadcasting services, Senator Monica Mutsvangwa while presenting cabinet resolutions this Tuesday.
“Cabinet received an update on the Ease of Doing Business Reforms in the Agriculture Sector, which was presented by the Minister of Lands, Agriculture, Water and Rural Resettlement. The
reforms are intended to create an enabling environment that promotes competitiveness in the agriculture sector by improving the time, cost and processes which clients pass through when obtaining regulatory documents. In this regard, the costs of acquiring the necessary health certification documents have since been reduced by at least 40%, through amendment of Statutory Instrument 94 of 2016. The compliance certificate now costs ZW$25.00 from the initial US$100,” she said.
Senator Monica Mutsvangwa also highlighted the country’s 2021 economic road-map as espoused by the pre-budget strategy paper where inclusive growth is being sought.
“Cabinet was informed that the 2021 Budget Strategy Paper constitutes a valuable tool which is intended to guide consultative discussions and sharing of ideas on national priority policies, programmes and projects.
“Cabinet noted that prospects for 2021 and beyond are based on recovery from the COVID-19 pandemic, resumption of global economic activity, a good agricultural season, and enhanced revenue collection. Economic revival will also hinge on sustainability of the foreign currency auction system, trade and tourism resumption, the materialisation of mining investment targets, and the firming of international mineral prices. It is also anticipated that domestic aggregate demand will recover, that currency stability will strengthen, and that annual inflation will decline,” she said.
Cabinet was also presented and appraised statistics on COVID-19.
A 2.7 billion Zimbabwe Dollars budget has been put aside as a National Disaster preparedness fund with the country normal to above normal rains this summer.
The second phase of schools opening will go ahead as scheduled on the 26th of this month.