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*Treasury Use US$10.6 Billion Outside The Budget, Without Parliament Approval - Biti* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?dc MDC Alliance legislator Tendai Biti who chairs the Public Accounts Portfolio (PAC) in parliament has said treasury between 2015 and 2018 used about US$10.6 billion outside the national budget, without seeking approval from parly. The matter came to light during a parliamentary hearing on public accounts in which the former Finance and Economic Development Minister (during GNU era) said: ---------- *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 ---------- > _The over expenditure by the Finance ministry was a massive invasion of the Constitution. This was outside the allocated budget. This is a deficit on top of a deficit. Very abnormal. These amounts are extraordinary. Treasury now fully appreciates the expectations of PAC, in particular the need to bring this Financial Adjustment Bill to closure._ The Harare-based lawyer Biti reportedly called the treasury’s spending of US$10.6 billion “abnormal finances outside the budget allocation.” The spending reportedly continued even after Auditor-General Mildred Chiri had exposed the over-expenditure in her reports. NewZimbabwe reports that some of the expenditure is directly linked or indirectly linked to the Command Agriculture that reportedly gobbled above US$3 billion and still produced no tangible results. More: New Zimbabwe _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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