Home Business Lands And Health Ministries Allocated A Combined $241 Billion

Lands And Health Ministries Allocated A Combined $241 Billion

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Mthuli Ncube, is the Finance Minister in the Zimbabwe cabinet appointed by president Emmerson Mnangagwa and past chief economist and Vice President of the African Development Bank. He holds a PhD in Mathematical Finance from Cambridge University.

Lands And Health Ministries Allocated A Combined $241 Billion

Finance and Economic Development Minister Mthuli Ncube on Thursday presented a ZWL$927.3 national budget with a GDP growth projection of 5.5% in 2022.

Presenting his 2022 National Budget in Parliament, Ncube proposed to allocate the largest chunk of the funds, that is, ZWL$124 billion to the ministry of lands, with health getting ZWL$117.7 billion which he said represents 14.9% of the Budget.

Below are the allocations made to the various Ministries:

  1. Ministry of Lands, Agriculture, Water, Climate and Rural Development – ZWL$124 billion 
  2. Ministry of Mines and Mining Development – ZWL$3 billion
  3. Ministry of Industry and Commerce – ZWL$3.9 billion
  4. Ministry of Environment, Climate, Tourism and Hospitality Industry – ZWL$3.7 billion
  5. Ministry of Youth, Sport, Arts and Recreation – ZWL$7.8 billion
  6. Ministry of Women Affairs, Community, Small and Medium Enterprise Development – ZWL$4.7 billion
  7. Ministry of Transport and Infrastructure Development – ZWL$6.8 billion
  8. Ministry of Energy and Power Development – ZWL$3.9 billion 
  9. Ministry of Information Communication and Technology – ZWL$3.3 billion
  10. Ministry of Primary and Secondary Education – ZWL$11.6 billion
  11. Ministry of Higher and Tertiary Education, Innovation, Science and Technology Development – ZWL$5.7 billion
  12. Ministry of Health and Child Care – ZWL$117.7 billion
  13. Ministry of Public Service, Labour and Social Welfare – ZWL$10 billion
  14. Ministry of Information, Publicity and Broadcasting Services – ZWL$2.7 billion
  15. Ministry of Foreign Affairs and International Trade – ZWL$14.9 billion
  16. Ministry of Home Affairs and Cultural Heritage – ZWL$49.4 billion
  17. Ministry of Defence and War Veterans Welfare – ZWL$61.5 billion
  18. Ministry of Justice, Legal and Parliamentary Affairs – ZWL$22.7 billion

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