The Finance ministry has begun engagements on the 2027 national budget strategy while it has also called for input and proposals in the 2026 mid-term budget review, a process that is crucial in shaping the country’s policies and driving economic development.
“The Ministry of Finance, Economic Development and Investment Promotion invites all stakeholders to submit their inputs and proposals for consideration in the 2026 Mid-Term Budget and Economic Review and the 2027 Budget Strategy Paper,” the Mthuli Ncube-led ministry said on X.
“Stakeholder contributions are essential in shaping policies that promote sustainable economic growth, macroeconomic stability, and national development,” the ministry said.
This comes as Zimbabwe’s 2026 national budget targets, which will have an effect on 2027 economic performance, are largely on track, driven by a stable macroeconomic environment and a strong recovery in agriculture and mining.
However, the ambitious revenue projections continue to face criticism over the underfunding of critical social services and the rising cost of doing business.
Recently, Ncube said Zimbabwe is on track to achieve its 2026 national budget revenue target of US$9.4 billion, supported by improved collections and strict fiscal discipline.
“Fiscal performance remains on track, with revenues projected at US$9.4 billion against expenditure of US$9.0 billion, reflecting improved collection and discipline,” he said.
“Looking ahead, export performance is expected to remain strong, supported by gold, platinum group metals, lithium, and tobacco,” Ncube added.
He said the sharp decline in inflation from above 90 percent mid-2025 to 4.4 percent in March 2026, confirms that “our stabilization measures are working”.
The US$9.4 billion revenue target represents a 17 percent increase from 2025’s target of US$7.57 billion.
The revenue collections are primarily driven by the Zimbabwe Revenue Authority through Value Added Tax, corporate tax, and personal income tax.