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Press Statements

REPORT ON MINISTER’S ADDRESS TO PARLIAMENTARY PORTFOLIO ON BUDGET FINANCE AND ECONOMIC DEVELOPMENT ON STATUTORY INSTRUMENT 142 OF 2019

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On 1 July 2019, on the invitation of the Parliamentary Portfolio Committee on Budget Finance and Economic Development, the Minister Hon. Prof. Mthuli Ncube met with Parliamentarians to brief them on the Statutory Instrument 142 of 2019 on Reserve Bank of Zimbabwe regulations and the implementation mechanisms.

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Press Statements

CLARIFICATION NOTES ON THE INTRODUCTION OF ZIMBABWEAN DOLLAR

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  1. The country has been using the multicurrency monetary system since 2009, dominated by US$, South African Rand. In its early stages, the multicurrency system brought some stability in terms of inflation.

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Press Statements

Statutory Instrument 142 of 2019

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It is hereby notified that the Minister of Finance and Economic Development has, in terms of section 64 as read with section 44A of the Reserve Bank of Zimbabwe Act [Chapter 22:15], made the following regulations: - These regulations may be cited as the Reserve Bank of Zimbabwe (Legal Tender) Regulations, 2019.  To download Click Here

Press Statements

ZIM RANKS HIGH ON BUDGET TRANSPARENCY

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Zimbabwe has been ranked number three in Africa in terms of budget transparency by the Open Budget Survey (OBS) 2019, a dramatic confirmation of the reforms of the Second Republic in its first full year. The country has a transparency score of 49 out of 100, and comes third after South Africa which has a score of 87 and Namibia 51.

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Press Statements

2019 APRIL CONSOLIDATED FINANCIAL STATEMENTS

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The Ministry of Finance and Economic Development has released the 2019 April Consolidated Financial Statements. To download the file Click Here

  1. IMF MANAGING DIRECTOR APPROVES A STAFF MONITORED PROGRAMME FOR ZIMBABWE
  2. GEAR AND LEVERS FOR ACHIEVING A PROSPEROUS AND EMPOWERED UPPER MIDDLE INCOME SOCIETY BY 2030
  3. FIRST QUARTER TREASURY BULLETIN HIGHLIGHTS
  4. IMF STAFF COMPLETES MISSION FOR A STAFF-MONITORED PROGRAM TO ZIMBABWE

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Latest News

  • PUBLIC FINANANCIAL MANAGEMENT ENHANCEMENT PROJECT (PFMEP) EXTENSION
  • RESORATION OF FULL FUNGIBILITY OF SEEDCO INTERNATIONAL LTD SHARES
  • Japan provides US$ 3.8 million for medical and hospital equipment to support Zimbabwe’s COVID-19 response
  • 2021 National Budget Consultations
  • update on Public Finance Management Enhancement Project 5 October 2020
  • ZIMBABWE: AFRICAN DEVELOPMENT BANK APPROVES $13.7 MILLION TO STRENGTHEN HEALTH SYSTEM, BOOST ANTI-COVID-19 EFFORTS
  • ENVIRONMENT AND SOCIAL COMMITMENT PLAN
  • NEW INVESTMENT OPTIONS FOR PENSION FUNDS

Press Statements

  • International Call for Expression of Interest for Financial Advisory Services Reference Number MOFED/JRMC/EOI/01/2020
  • Understanding The Modalities Around Minister Mthuli’s GEMS Fund
  • PRESS STATEMENT ON THE COMMENCEMENT OF PREPARATIONS FOR THE DEVELOPMENT OF THE FIRST FIVE-YEAR NATIONAL DEVELOPMENT STRATEGY (2021-2025)
  • PRESS STATEMENT BY THE MINISTRY OF FINANCE AND ECONOMIC DEVELOPMENT ON THE PRICE REVIEW FOR SUBSIDISED ROLLER MEAL FROM ZWL$50 TO ZWL$70 PER 10 KG BAG

Recent News

PUBLIC FINANANCIAL MANAGEMENT ENHANCEMENT PROJECT (PFMEP) EXTENSION

Dec 23, 2020

RESORATION OF FULL FUNGIBILITY OF SEEDCO INTERNATIONAL LTD SHARES

Nov 06, 2020

Japan provides US$ 3.8 million for medical and hospital equipment to support Zimbabwe’s COVID-19 response

Oct 26, 2020

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