Finance and Economic Development Minister, Professor Mthuli Ncube 2019 national budget presentation has been received with mixed feelings, with the most bugging being tax and bond-forex policies.
Below is the 2019 National Budget Summary and some reactions from Twitter.
HOW TO SURVIVE #budgetZW
1. PRESERVE YOURSELF; Charge in USD ONLY if you want to survive.
2. DON'T TOUCH THE BOND; bond note is not money, stay away from it!Even government doesn't want it's own currency!
3. EXPECT DISAPPOINTMENT;Gvt will make us pay for all THEIR errors.
— #ThePeoplesChampion????????????✊???? (@acielumumba) November 23, 2018
So we have 1 law which says the bond note & USD are equal.
And now another law which says import duty on named goods, like cars, will ONLY be in foreign currency?
In other words, 1 law which says the currencies are the same & another which says, not quite! #BudgetZW
— Alex T Magaisa ???????? (@Wamagaisa) November 22, 2018
Our Salaries are in RTGS @MthuliNcube. Customs duty in USD. If you convert your RTGS to USD you will be jailed 10 years
— Asante Sana (@SeratiWeChelsea) November 22, 2018
Given the #NationalBudget announcements made today with regards to motor vehicle taxes etc, I am holding off selling Smurfet for a couple days. I apologize for any inconvenience caused. I will get in touch with all interested buyers as soon as she’s back on the market. https://t.co/veuu49iepC
— nyasha_adler (@nyasha_adler) November 22, 2018
Expenditure will be monitored very closely! #MYSAR
— Kirsty Coventry (@KirstyCoventry) November 22, 2018
Salary is $350
Traffic fine $700
— Solomon Harudzibwi ???????? | ???????? (@S_Harudzibwi) November 22, 2018