Douglas Mwonzora's MDC Receives $500 Million From Treasury
ZANU PF and the MDC Alliance led by Douglas Mwonzora have been given ZWL$1.5 billion by Treasury under the Political Parties Finance Act.
The money will be shared between the two political parties based on the number of seats each party won in the National Assembly and the percentage of votes obtained in the 2018 elections.
According to a notice published in the Government Gazette recently, ZANU PF will get $1 050 450 000, while the MDC Alliance will get $449 550 000.
Part of the notice, which was published in the Government Gazette by the Minister of Justice, Legal and Parliamentary Affairs, Ziyambi Ziyambi, reads:
Disbursement of Money to Registered Political Parties it is hereby notified, in terms of section 3(2) of the Political Parties (Finance) Act (Chapter 2:11), that the total amount of money payable to political parties in respect of the year beginning 1st January 2023, and ending on the 31st December 2023, is one billion five hundred million dollars only.
The money shall be disbursed to political parties that qualify in terms of section 3(3) of the Act as follows: one billion, fifty million four hundred and fifty thousand dollars ($ 1 050 450 000,00), shall be paid to the Zimbabwe African National Union (Patriotic Front) Zanu PF which received 70.03 percent of the votes cast; and $449 550 000, shall be paid to the Movement for Democratic Change-Alliance (MDC-A), which received 29.97 percent of the total votes cast.
The Citizens’ Coalition for Change (CCC) led by Nelson Chamisa currently does not receive funding from the government under the Political Parties Finance Act because it did not participate in the 2018 general elections.
CCC was formed in early 2022 after Mwonzora wrestled control of the MDC Alliance and declared that no other party was allowed to use the name MDC or its derivatives in any election.
More: Pindula News
