By Owen Mandovha
Government’s economic reform agenda continues to bear fruit, with an improvement in global rankings on budget processes and an industry-driven surge in electricity usage.
These are some of the key takeaways from this Tuesday’s Post Cabinet Briefing as announced by the Minister of Information, Publicity and Broadcasting Services Senator Monica Mutsvangwa.
The Second Republic adopted a paradigm shift in its budget process to efficiently allocate resources to benefit citizens and grow the economy.
These achievements have been noted with a big jump in the latest Global Open Budget Survey in the region and the world.
“Cabinet announces, with immense pleasure that Zimbabwe has improved by 11 positions from a ranking of 52nd to 41st out of 120 countries on the latest Global Open Budget Survey. The Survey measures the overall quality of the National Budget process, as well as the transparency and quality of consultations of the process. In terms of the quality of the Budget, Zimbabwe ranks 14 points above the world average and well above all African countries,” Senator Mutsvangwa announced.
In a major achievement for the National Development Strategy One and growth agenda, the Second 100 Day Cycle of 2022 has seen a total of 601 projects being completed around the country.
“The nation is informed that the 2nd 100-Day Cycle of 2022 commenced on 23 May 2022 and is scheduled to end on 30 August 2022. A total of 165 projects were tabled for implementation by the 21 Ministries, Departments and Agencies and to date 601 have been complete.
“The projects include power and energy development, dam construction, irrigation development, provision of school infrastructure, borehole drilling, road construction and provision of housing and social amenities. The Infrastructure and Utilities pillar constitutes the highest number of projects. These projects contribute to the National Development Strategy 1 (NDS 1), and are aligned to the Whole of Government Performance Management Programme,” she said.
The country’s growth trajectory has led to increased electricity consumption, with government efficiently managing supply to all key economic sectors.
“Cabinet notes, with pleasure, that increased economic activity, especially in the agricultural and mining sectors as well as the manufacturing sector, has increased the demand for electricity. Furthermore, ongoing massive housing and other infrastructural development projects has increased the consumption of electricity. This calls for efficiency in the production, distribution and use of electrical power,” she noted.
In a first for Zimbabwe and demonstration of continental leadership, Cabinet also noted and recognised the election of Senator Chief Fortune Charumbira as the President of the Pan African Parliament.
Other key takeaways from the 19th Post Cabinet Media Briefing include the call to relocate farmers settled on critical zones of the Buffalo Range Airport in Chiredzi, the complete removal of the night curfew as Covid-19 cases are receding while vaccination rates are rising.