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Programme based budgeting: The case for Zimbabwe

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Frame of Image lation:12 973 808 (2012 Population Census). Capital City: Harare. Currency: Multi-currency regime dominated by United States Dollar (USD) & the South African Rands (ZAR). Official Languages: Ndebele. English, Shona &
4
REPUBLIC OF ZIMBABWE – AT A GLANCE
 Zimbabwe has a centralised
government and is divided into eight provinces and two cities with provincial status (Harare & Bulawayo), for administrative
purposes.
 The provinces are subdivided into 73 districts
5
Selected Economic Indicators & Trends
ECONOMIC GROWTH TREND
• Adoption of a multi-currency regime in 2009:
 Dollarised the economy;  Re-established price stability;  Laid the foundation for a substantive economic recovery.
14.0 11.9
12.0
11.4
10.6 10.0
8.0
6.0
• Between 2010 and 2012, the economy grew by >10% per annum. • Trend economic growth is now around 2 - 3 percent per annum.
4.5 4.0
3.8
2.0 1.1
2010 World Sub-Saharan Africa 2011 2012 2013 2014 2015 Zimbabwe South Africa
7
ECONOMIC GROWTH TREND
 Economic recovery in recent years has been underpinned by the mining & agriculture sectors [export revenues].  However, there has been a shift in economic activity from industry to services.
GDP by Sector [% of GDP] 2009 Agriculture Mining Manufacturing Wholesale & Retail Trade Transport, Storage & Communication Finance, Real Estate & Business Services Other Services 15.1 8.1 15.5 17.5 2013 12.0 10.4 12.8 16.8
15.7
9.6 18.5
12.7
11.3 24.0
8
SELECTED ECONOMIC INDICATORS
2009
2010
2011 2012
2013
2014 2015
Inflation


Full Text
Title Programme based budgeting: The case for Zimbabwe
Similar Titles
Material Type Proceedings
Author(English)

Mhlanga, Solomon

Publisher

[Montevideo, Uruguay] : Republic of Zimbabwe

Date 2016
Event

Management for Development Results

Event [Conference] International Seminar Management for Development Results
Pages 26
Subject Country Zimbabwe(Africa)
South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Economy < Financial Policy
Holding Republic of Zimbabwe
License