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*Biti Calls Mthuli Ncube's Budget A Contradictory Mass Of Confusion & Falsehoods {Full Thread}* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?ks > You can turn an aquarium into fish soup but you can’t turn fish soup into an aquarium. Put simply you can rig an election but not the economy. What a contradictory mass of confusion, contradiction and falsehoods. A cocktail of cowardice, deception, delay and delusion! > A budget of ZWL$ 63 billion is an illusion & unachievable but also reflects the extent of hyperinflation. The Pre – Budget Strategy Paper projected a ZWL$ 28.5 billion budget with an expenditure of ZWL$25 billion. How does this inflate to ZWL$ 63 and ZWL$58 respectively in days? > The macroeconomic framework is unsound and lacks credibility. Without fixing currency issues, power shortages, corruption, productivity constraints and an impending drought 2020 contraction is inevitable. Zim is now firmly in a recession and decisive measures were required. > The 2 % IMD tax should have been scrapped, SI 142 repealed, command Agriculture & export surrender requirements scratched &a modest budget in US$ terms presented. Concrete measures for fiscal consolidation, sovereign debt, SOE reform and major incentives for productivity itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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