UPDATED: Zimbabwe 2024 National Budget Allocations To Government Ministries
On November 30, 2023, Professor Mthuli Ncube, the Minister of Finance, Economic Development, and Investment Promotion, delivered the 2024 National Budget Speech titled “Consolidating Economic Transformation.” The ZW$60 trillion budget is still awaiting adoption. The budget will be debated and passed or rejected by Parliament. Here are some key points from the speech:
Allocations to Government Ministries:
Public Service, Labour and Social Welfare ZW$2.4 trillion
Ministry of Defence ZW$3.6 trillion
Home Affairs and Cultural Heritage ZW$3.9 trillion
Finance, Economic Development and Investment Promotion ZW$1.7 trillion
Industry and Commerce ZW$130.5 billion
Lands, Agriculture, Fisheries, Water and Rural Development ZW$4.3 trillion
Mines & Mining Development ZW$132.7 billion
Environment, Climate and Wildlife ZW$135.5 billion
Transport and Infrastructural Development ZW$1.2 trillion
Foreign Affairs and International Trade ZW$976 billion
Local Government and Public Works ZW$1.2 trillion
Health and Child Care ZW$6.3 trillion
Primary and Secondary Education ZW$8 trillion
Higher & Tertiary Education, Science and Technology Development ZW$2.4 trillion
Women Affairs, Community, Small and Medium Enterprises Development ZW$188.1 billion
Justice, Legal and Parliamentary Affairs ZW$1.1 trillion
Information, Publicity and Broadcasting Services ZW$122.4 billion
Energy and Power Development ZW$90.1 billion
Information Communication Technology and Courier Services ZW$185.3 billion
National Housing and Social Amenities ZW$353 billion
Veterans of the Liberation Struggle Affairs ZW$221.8 billion
Tourism & Hospitality Industry ZW$71.1 billion
Sport, Arts and Recreation ZW$346.4 billion
Skills Audit and Development ZW$43 billion