Zimbabwe: Fiscal Policy Review Tardy

editorial

AFTER central bank boss, John Mangudya, last week presented his maiden monetary policy statement, which dealt with current economic problems, while proposing some solutions as well as financial sector vulnerabilities and required interventions, many in the market now await Finance minister Patrick Chinamasa to give economic direction through his mid-term fiscal policy review statement.

policymakers mainly have two kinds of tools to influence the economy: fiscal and monetary policies. Fiscal policy relates to government spending and revenue collection -- the budget in other words.

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