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*UPDATED: Zimbabwe 2024 National Budget Allocations To Government Ministries*

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On November 30, 2023, Professor Mthuli Ncube, the Minister of Finance, Economic Development, and Investment Promotion, delivered the 2024 National Budget Speech titled “Consolidating Economic Transformation.” The ZW$60 trillion budget is still awaiting adoption. The budget will be debated and passed or rejected by Parliament. Here are some key points from the speech:

Allocations to Government Ministries:

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Public Service, Labour and Social Welfare ZW$2.4 trillion

Ministry of Defence ZW$3.6 trillion

Home Affairs and Cultural Heritage ZW$3.9 trillion

Finance, Economic Development and Investment Promotion ZW$1.7 trillion

Industry and Commerce ZW$130.5 billion

Lands, Agriculture, Fisheries, Water and Rural Development ZW$4.3 trillion

Mines & Mining Development ZW$132.7 billion

Environment, Climate and Wildlife ZW$135.5 billion

Transport and Infrastructural Development ZW$1.2 trillion

Foreign Affairs and International Trade ZW$976 billion

Local Government and Public Works ZW$1.2 trillion

Health and Child Care ZW$6.3 trillion

Primary and Secondary Education ZW$8 trillion

Higher & Tertiary Education, Science and Technology Development ZW$2.4 trillion

Women Affairs, Community, Small and Medium Enterprises Development ZW$188.1 billion

Justice, Legal and Parliamentary Affairs ZW$1.1 trillion

Information, Publicity and Broadcasting Services ZW$122.4 billion

Energy and Power Development ZW$90.1 billion

Information Communication Technology and Courier Services ZW$185.3 billion

National Housing and Social Amenities ZW$353 billion

Veterans of the Liberation Struggle Affairs ZW$221.8 billion

Tourism & Hospitality Industry ZW$71.1 billion

Sport, Arts and Recreation ZW$346.4 billion

Skills Audit and Development ZW$43 billion

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