Ministry of Finance and Economic Development

Leaving no one and no place behind

Core fUNCTION

The Ministry of Finance and Economic Development is entrusted with the stewardship of national resources, their mobilization, allocation, management and accounting for economic growth and development through the provision of sound macro-economic policies.

Our Vision

Sustained inclusive economic development and macroeconomic stability for an upper middle-income society by 2030

Our Mission

To formulate, coordinate, implement and monitor macroeconomic policies and national development strategies supported by effective mobilization and management of public resources for enhanced service delivery, sustainable inclusive economic growth and development.

Our Values

Transparency; Responsiveness ; Integrity; Professionalism; Accountability

Ministry'S mANDATE

NDS1

National budget

Public Finance Management

Public Debt Management

rgd GROWTH

59. %

Open Budget iNDEX 2021

USD

gROSS NATIONAL iNCOME

53. %

Customer Perception Index

OUR LEADERSHIP

The Ministry of Finance and Economic Development is headed by the Minister of Finance, whilst the second in command and administrative head and Accounting Officer is the Permanent Secretary.

minister

Deputy minister

Secretary

Latest from our news room

Following the launch of the National Development Strategy 1(NDS1)(2021 - 2025) by His Excellency, CDE. E.D. Mnangagwa in 2020, the Ministry embarked on an extensive dissemination programme across the country's Provinces. The Map above highlights the areas that have been covered as well as outstanding ones for the programme. The overarching objective is to have a shared understanding, build confidence and to enhance stakeholder participation and contribution towards the successful implementation of the development agenda.

ZEDCON 2022 video

ZEDCON 2022 Elephant Hills, Victoria Falls

PUBLICATIONS

Get access to the Latest documents from our offices.

2023 Budget Strategy Paper

2022 MoFED Strategic Plan

What Our Clients Say

Here are some of our stakeholder’s views from the 2021 stakeholder survey.

"Since 2018, I have been following the Ministry of Finance and Economic Development with keen interest. Prof. Ncube is doing a good job. He is open yet professional. The downside is that people haven't trusted his ministry. Mishaps of the last decade still haunt many people and the Ministry of Home Affairs and legal affairs are not doing enough to prosecute money changers."

“National economic and fiscal stability is possible if we maximize on domestic resource mobilisation, and come up with strong legislative policies that will curb revenue leakages and illicit financial flows. We should have debt management frameworks to avoid the debt that we keep incurring.”

“Communication in most cases is very clear. Where there is a challenge is sending a message that builds confidence in the market. Often times the ministry is forced to make reactionary decisions which at times are not understood by the general public to be in the best interest of the public. However so far as communication is concerned the ministry has done well especially so far as the Covid response is concerned and other programs like NDS1 to mention but a few”

“Very good. Room for improvement in communicating policy: Communication frequency Communication packaging (language & terminology) Communication channels ( use of channels accessible to various people groups) - not everyone is on Twitter, WhatsApp, Website. Must acknowledge the digital divide which is so real”.