THE 2020 MID-TERM BUDGET AND ECONOMIC REVIEW SPEECH

INTRODUCTION
1. Mr Speaker Sir, I rise to present this year’s Mid-Term Budget and Economic Review, complying with Section 7 (2) (a) of the Public Finance Management Act.
2. The Review provides details on economic developments during the first half of the year, progress on implementation of the 2020 National Budget and also makes proposals for re-alignment of macro-economic and fiscal policies to the Transitional Stabilisation Programme objectives.
3. In formulating the Review, Treasury is grateful for the guidance and support from His Excellency, the President E. D. Mnangagwa and the two Vice Presidents and valuable contributions from Cabinet, line Ministries and other Government Agencies. Inputs from Honourable Members of Parliament and their respective Portfolio Committees is also appreciated in shaping this Review.

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