Govt Spends $51 Million Per Month On ZUPCO Subsidy

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The Parliamentary Portfolio Committee on Local Government said that the Zimbabwe United Passenger Company’s (ZUPCO) bus management scheme is gobbling $51 million per month.

Presenting the Committee’s report on the 2020 national budget, Committee chairperson Miriam Chikukwa claimed that the money allocated for the subsidy was not enough. She said:

The Local Government ministry planned to undertake projects aimed at poverty reduction, improved sanitation and standards of living in line with vision 2030 growth objectives and to this end $638 million was allocated in the 2030 national budget.

Eighty-five per cent of the amount ($638 million) is earmarked for Zupco bus hire management and the current bus hire is $51 million and if the current trend is to go on, the $540 million will only last for 10 months.

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