Tuesday 18 December 2018
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thezimbabwean - 12 days ago

Economic quagmire as 2019 Budget fails to inspire confidence

Finance Minister Mthuli Ncube who had the unenviable task of enunciating the 2019 budget squandered another opportunity to set the economy on a recovery path after years of stagnation as he deliberately skirted around the key issues of currency reforms while introducing token cost containment measures to narrow down the budget deficit for 2019 amid indications that the 2018 deficit could reach US$2.86 billion (11.7% of GDP).

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