Former Minister of Finance, Patrick Chinamasa, presented the first post Mugabe era budget

07 December 2018   Zimbabwe

On this day in 2018, the former minister of finance, Patrick Chinamasa stood in parliament to present the first budget of the Mugabe-era. In his speech, he pledged broad spending cuts and suggested the end in most sectors to the Mugabe policy of, ‘indegenization’, which forced business the transition of majority ownership.