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Zimbabwe 2010 Budget Exposes Shocking Wasteful Expendtiture

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Tendai Biti delivered Zimbabwe's 2010 National Budget in parliament yesterday. It looks impressive on the surface, but dig a little deeper and it loses its luster. With only a projected US$1.4 billion to spend next year, against a demand of US$12 billion from ministries, it is clear that our woes will not be lessened as a result of this budget. Harare, Zimbabwe, 03 December 2009 At least Tendai Biti was honest about it. It is called transparency and is what we expect when we talk of an open and participatory democracy. The Finance Minister laid bare shocking wasteful expenditure by the Inclusive Government during the course of this year and exposes a sense of priorities so warped that it calls into question the sanity of this running this charade called the Inclusive Government. Not only is this bloated animal spending more than a quarter of a billion dollars on salaries for civil servants, but it also dishonestly classified US$28 million as funds spent on capital expenditure. But ...