FINANCIAL ADJUSTMENTS BILL,2019

FINANCIAL ADJUSTMENTS BILL,2019

Memorandum

If a Government Ministry or Department spends money in any financial year in excess of the amount appropriated, or for a purpose for which nothing was appropriated, the Minister of Finance is required in terms of section 307 of the Constitution to cause a Bill condoning the unauthorised expenditure to be introduced in the National Assembly seeking condonation of the unauthorised expenditure, no later than sixty days after the extent of the unauthorised expenditure has been established.

In line with the above, we seek condonation for unauthorised expenditure incurred by Line Ministries of US$25,305,741 (twenty-five million three hundred and five thousand and seven hundred and forty-one dollars) for year ended 2015, US$1,530,890,050 (one billion five hundred and thirty million eight hundred and ninety thousand and fifty dollars) for year ended 2016, US$4,562,064,123 (four billion five hundred and sixty-two million and sixty four thousand one hundred and twenty-three dollars) for year ended 2017, US$3,560,343,130 (three billion five hundred and sixty million three hundred and forty-three thousand one hundred and thirty dollars) for year ended 2018.

i(i)

Financial adjustments
Presented by the minister of finance and economic develoPment

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BILL

To condone unauthorised expenditure incurred by various Line Ministries from the year 2015 to 2018.

ENACTED by the Parliament and the President of Zimbabwe.

1 Short title

This Act may be cited as the Financial Adjustments Act, 2019.

2 Condonation of unauthorised expenditure for year ended 2015

The incurring of the following expenditure in excess of that which was appropriated in terms of Part 3 of Chapter 17 of the Constitution or for which no money was appropriated under that Part, is condoned—

1. (a)  the Office of the President and Cabinet during the financial year ended on the 31st December, 2015, in an amount of nine million four hundred and sixty-six thousand two hundred and seventeen United States dollars;
2. (b)  the Parliament of Zimbabwe during the financial year ended on the 31st December, 2018, in an amount of three million seven hundred and seventy- three thousand eight hundred and twenty-one United States dollars;
3. (c)  the Ministry of Environment, Water and Climate during the financial 1

Financial adjustments
year ended on the 31st December, 2015, in an amount of eleven million

H.B. 19, 2019.]

Printed by the Government Printer, Harare

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nine hundred and nine thousand four hundred and twelve United States

dollars; and

(d) the Ministry of Tourism and Hospitality during the financial year ended
on the 31st December, 2015, in an amount of one hundred and fifty-six thousand two hundred and ninety-one United States dollars. 5

3 Condonation of unauthorised expenditure for year ended 2016

The incurring of the following expenditure in excess of that which was appropriated in terms of Part 3 of Chapter 17 of the Constitution or for which no money was appropriated under that Part, is condoned—

1. (a)  the Office of the President and Cabinet during the financial year ended 10 on the 31st December, 2016, in an amount of twenty-four million two hundred and seventy-four thousand three hundred and seventy-seven United States dollars;
2. (b)  the Parliament of Zimbabwe during the financial year ended on the 31st December, 2016, in an amount of one hundred and seventy-nine thousand 15 eight-hundred and thirty-two United States dollars;
3. (c)  the Ministry of Defence during the financial year ended on the 31st December, 2016, in an amount of eighty-seven million one hundred and ninety-four thousand three hundred and forty-eight United States dollars;
4. (d)  the Ministry of Finance and Economic Development during the financial 20 year ended on the 31st December, 2016, in an amount of one hundred and forty-three million nine hundred and fifty-five four hundred and seventeen United States dollars;
5. (e)  the Ministry of Industry and Commerce during the financial year ended on
   the 31st December, 2016, in an amount of thirteen million three hundred 25 and seventy-three hundred and seventeen United States dollars;