Zimbabwean lawmakers will begin discussions on Wednesday for the 2026 national spending plan during a three-day gathering in Bulawayo that brings together parliamentarians and financial experts. Finance Minister Mthuli Ncube and central bank head John Mushayavanhu will guide talks focused on economic expansion and development goals through 2030. Parliamentary committee leaders will share findings from public consultations while cabinet officials outline policy directions.
The conference takes place as authorities wrap up their current five-year development framework and prepare to launch the next phase starting in January. Officials project 5 percent annual economic expansion from 2026 through 2029, supported by gains in farming, mining, technology and power generation. The government plans total expenditures equivalent to $9.4 billion against anticipated revenues of $8.7 billion, creating a deficit equal to 1.4 percent of gross domestic product.
The Zimbabwe National Chamber of Commerce has urged a faster review of regulatory charges and settlement of outstanding contractor payments. Business representatives also requested that tax authorities restore interest expense deductions for financial institutions. The chamber praised recent efforts to stabilize the domestic currency.
The conference takes place as authorities wrap up their current five-year development framework and prepare to launch the next phase starting in January. Officials project 5 percent annual economic expansion from 2026 through 2029, supported by gains in farming, mining, technology and power generation. The government plans total expenditures equivalent to $9.4 billion against anticipated revenues of $8.7 billion, creating a deficit equal to 1.4 percent of gross domestic product.
The Zimbabwe National Chamber of Commerce has urged a faster review of regulatory charges and settlement of outstanding contractor payments. Business representatives also requested that tax authorities restore interest expense deductions for financial institutions. The chamber praised recent efforts to stabilize the domestic currency.
