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*'Govt Is Cash Positive' - Ncube Hails His Austerity Measures* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?uy Finance and Economic Development Minister Mthuli Ncube said that the government is currently operating on a positive cash basis. Ncube attributed the positive development to a raft of austerity measured that he introduced when he became Minister. ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* *LATEST: itel S24 (128) $124; S24 (256GB) $159* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- > Government is cash positive. We managed to pay civil servants salaries for the months of January and February from a cash positive position, with $300 million in the bank. > We are spending what we have, and I am determined to ensure that we carry on like that for the next two years. In fact, it should always be like that. On the expenditure front, we have been working hard to curtail expenditure in terms of civil servants’ salaries and civil service reform. Some of the “painful” measures introduced by Ncube include the 2 per cent Intermediated Money Transfer Tax, an upward review (to 7 cents per litre) of excise duty on diesel and paraffin, and to 6,5 cents per litre excise duty on petrol and customs duty on motor vehicles and selected goods to be paid in foreign currency, among other measures. *More: The Herald* _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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