Mandate
Section 38 of the Public Finance Management Act [Chapter 22:19] requires Treasury to publish consolidated financial reports in the Gazette within thirty days after the end of each month. This financial statement shows how the budget for the financial year 2024 which was presented to Parliament by the Minister of Finance and Economic Development on 30 November 2023 has been executed. This Statement of Comparison of Budget and Actual Amounts covers the period ended 31 July 2024. The statement only relates to Government entities listed on page 10 of the 2024 Estimates of Expenditure (Blue book), other extra-budgetary units such as state universities, and funds created in accordance with section 302 (a) and (b) of The Constitution of Zimbabwe are excluded.The budget and accounting are on a cash basis and this statement is compiled using the cash basis. The Consolidated Statement of Comparison of Budget and Actual Amounts for the Government of Zimbabwe for the month ended 31 July 2024 as required by section 38 of the Public Finance Management Act is hereby