{"id":86266,"date":"2023-11-05T21:25:30","date_gmt":"2023-11-05T19:25:30","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/agriculture-preliminary-budget-allocation-risk-stalling-major-projects"},"modified":"2023-11-06T00:46:25","modified_gmt":"2023-11-05T22:46:25","slug":"agriculture-preliminary-budget-allocation-risk-stalling-major-projects","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/agriculture-preliminary-budget-allocation-risk-stalling-major-projects","title":{"rendered":"Agriculture preliminary budget allocation risk stalling major projects"},"content":{"rendered":"

Africa-Press – Zimbabwe. <\/strong><\/span>PARLIAMENTARY portfolio committee on Land, Agriculture, Water, Fisheries and Rural Development has urged the treasury to make an upward adjustment to the ministry\u2019s 2024 budget allocation saying the ZWL $2.8 trillion is too little and will be eroded by inflation.<\/p>\n

The Ministry of Finance and Investment Promotion allocated ZWL$ 2.8 trillion to the agriculture sector and its parastatals against the initial bid of ZWL $54.9 trillion.<\/p>\n

Presenting outcomes from the stakeholder consultations at this year\u2019s pre-budget seminar, held under the theme \u2018Consolidating Economic Transformation\u2019, in Mount Hampden, Thursday, Agriculture portfolio committee chairperson Felix Maburutse said the ministry was being underfunded.<\/p>\n

The ministry\u2019s 2023 budget was originally set at ZWL $362 billion and was later revised to ZWL $1.6 trillion.<\/p>\n

\u201cTreasury provided the Ministry and its parastatals with an expenditure ceiling of $2.8trillion compared to the Ministry bid of $54.9trillion,\u201d said Maburutse.<\/p>\n

\u201cThe Ministry, together with its parastatals and agencies, are expected to fit within the expenditure target (ET).<\/p>\n

\u201cThe Ministry is being underfunded, given the inflationary environment in which we are operating in the budget will not be adequate to fund the Ministry for the whole 2024 financial year,\u201d said the chairperson.<\/p>\n

According to Maburutse, agriculture is the mainstay of Zimbabwe and as such to fully realize the potential of the Ministry there is need for adequate financial resources to allow the ministry to deliver on its mandate.<\/p>\n

The committee noted that the sustainability of funding has not been considered as seriously as it should resulting in certain projects being left hamstrung.<\/p>\n

The chairperson, who is also Zanu PF Member of Parliament for Chivi South said their sector also faced the challenge of the unavailability of key material inputs on the market.<\/p>\n

\u201cExpenditure trends were negatively affected by delayed budget releases, delayed Treasury cash transfers and the recent Treasury requirement for due diligence on most expenditure line items.\u201d<\/p>\n

For 2023, the revised budget is 458% more than the original budget due to major increases in the Presidential Input Program among other factors.<\/p>\n

\u201cThere has been a noticeable improvement in expenditure towards dam construction and other PSIP projects.<\/p>\n

\u201cOther disbursements went towards employment costs that have increased from ZWL 9.5 billion in 2022 to ZWL 97 billion in 2023.<\/p>\n

\u201cThe Ministry has an approved establishment of 15 484 employees with 12 736 in post as of 30 September, 2023. In terms of manpower, the challenge is the incapacitation of field workers to execute the Ministry\u2019s mandate rather than the headcount of workers\u201d Maburutse said.<\/p>\n

The chairperson added that for some technical positions like veterinary doctors, staff turnover is rather high and replacement processes take considerable time and effort.<\/p>\n

\u201cThis is the budget that funds operations. As at 30 September 2023, the budget had been increased from $ 57 billion to $ 90 billion.<\/p>\n

\u201cThe main budget increase cost driver is the Presidential Input Supplies, which accounted for 52.2% of the total expenditure.\u201d<\/p>\n

For More News And Analysis About Zimbabwe<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zimbabwe. PARLIAMENTARY portfolio committee on Land, Agriculture, Water, Fisheries and Rural Development has urged the treasury to make an upward adjustment to the ministry\u2019s 2024 budget allocation saying the ZWL $2.8 trillion is too little and will be eroded by inflation. The Ministry of Finance and Investment Promotion allocated ZWL$ 2.8 trillion to […]<\/p>\n","protected":false},"author":84,"featured_media":86265,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,8,35,12,2715],"tags":[1493,2189,19],"class_list":["post-86266","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-homepage-english","category-policy","category-to-homepage","tag-africa-press","tag-africa-press-zimbabwe-2","tag-zimbabwe"],"yoast_head":"\nAgriculture preliminary budget allocation risk stalling major projects - zimbabwe<\/title>\n<meta name=\"description\" content=\"PARLIAMENTARY portfolio committee on Land, Agriculture, Water, Fisheries and Rural Development has urged the treasury to ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/agriculture-preliminary-budget-allocation-risk-stalling-major-projects\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Agriculture preliminary budget allocation risk stalling major projects\" \/>\n<meta property=\"og:description\" content=\"PARLIAMENTARY portfolio committee on Land, Agriculture, Water, Fisheries and Rural Development has urged the treasury to ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/agriculture-preliminary-budget-allocation-risk-stalling-major-projects\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-05T19:25:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-05T22:46:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2023\/11\/sm_1699208021.424275.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"824\" \/>\n\t<meta property=\"og:image:height\" content=\"619\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/agriculture-preliminary-budget-allocation-risk-stalling-major-projects#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/agriculture-preliminary-budget-allocation-risk-stalling-major-projects\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Agriculture preliminary budget allocation risk stalling major projects\",\"datePublished\":\"2023-11-05T19:25:30+00:00\",\"dateModified\":\"2023-11-05T22:46:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/agriculture-preliminary-budget-allocation-risk-stalling-major-projects\"},\"wordCount\":478,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/agriculture-preliminary-budget-allocation-risk-stalling-major-projects#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2023\/11\/sm_1699208021.424275.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Zimbabwe\",\"Zimbabwe\"],\"articleSection\":[\"all news\",\"head lines\",\"homepage-english\",\"policy\",\"to-homepage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/agriculture-preliminary-budget-allocation-risk-stalling-major-projects#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/agriculture-preliminary-budget-allocation-risk-stalling-major-projects\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/agriculture-preliminary-budget-allocation-risk-stalling-major-projects\",\"name\":\"Agriculture preliminary budget allocation risk stalling major projects - 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