1. In 2021 Zim is under global spotlight for its high level of corruption. Estimates say US$1-3 billion is being lost every quarter through direct theft of precious minerals like gold. Once every so often the media is awash with high profile stories of 'catch and release.
2. For over a decade now the Auditor General's Annual report has painted a grim picture of inefficiency, financial misgovernance and loss of public funds in government departments and state enterprises.
3. At all Budget Consultations citizens, in particular expect reports by the Zimbabwe Coalition on Debt and Development highlight the worsening illicit financial outflows and how this is comprising the national budgeting process.
4. But still, over the many years of public budgeting there certainly is no political will to deal resolutely with challenges of pilferage and corruption or to register positive change or transformation that inspires the confidence of citizens.
5. #2022Budget This was the opportunity for Hon Min of Finance @MthuliNcube to raise a red flag over prejudices to the fiscus resulting from corruption and propose strong measures to protect public funds from endemic threats of pilferage, corruption and the inevitable loss.
6. In the minds of the citizen, these vices represent a regimen of sanctions imposed internally, sadly by those who are supposed to provide enlightened leadership. Loss of public funds thru theft and corruption is one predicament that has to be addressed sooner rather than later.
7. Perhaps quite predictably, but still quite unfortunately, there was no explicit statement about this issue by the Min of Finance in the #2022BudgetPresentation. Invariably then, the efficacy of Zimbabwe's public budgeting process becomes questionable.
@MthuliNcube @BitiTendai
@MthuliNcube @BitiTendai
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