Treasury cracks down on budget overruns
....as borrowing pressures mount
LIVINGSTONE MARUFU Treasury has moved to halt unplanned spending across ministries, departments, and agencies (MDAs) after repeated budget overruns and opaque expenditure forced the government to increase borrowing, raising concerns about fiscal sustainability and public service delivery. In a circular, seen by Business Times, a market leader in business, financial and economic reportage, Finance, Economic Development…
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