“Why not present the budget in the year that it has to be presented?” Biti queried. “People question you. They question you because a budget is a confidence instrument, it is an instrument of management, companies wait for you to announce the budget because the tax year begins in January. If you are now going to announce the tax measures on the 20th of January, people say, ‘hang on a minute you are now making us have a problem doing our books and so on’.”So people look at you and say what are you? A $4 billion dollar budget, a country with a GDP of $9 billion. What is that? Less than the budget of Walmart in the United States of America, that is less than the budget of the Spar franchise in South Africa.”“I am making available to the public 18 years of experience as a lawyer, the only one in Zimbabwe who has also been the Minister of Finance
Posted on: Thu, 21 Nov 2013 01:48:43 +0000
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