Govt authorises $400 million budget overrun

Govt authorises $400 million budget overrun
Published: 04 February 2014

Government has authorised a $400 million budget overrun for 2013 through a statutory instrument.

Patrick Chinamasa, minister of Finance and Economic Development, has drafted the Financial Adjustments Bill 2014, seeking to condone government's $389 871 000 unauthorised expenditure for 2013.

Leading the pack in overshooting the budget was the ministry of Justice, legal and Parliamentary Affairs which overspent its allocated vote by $143.5 million.

The ministry of Agriculture, Mechanisation and Irrigation Development was second with $81.93 million of unauthorised expenditure.
- dailynews
Tags: Budget, Chinamasa,

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