More
    HomeNewsTreasury to start disbursing Constituency Development Funds next month

    Treasury to start disbursing Constituency Development Funds next month

    Published on

    spot_img

    Harare,  (New Ziana) – The government will start disbursing the Constituency Development Funds (CDF) during the second week of next month, a Cabinet Minister has said.

    Since the beginning of the Tenth Parliament in 2023, legislators have not received Constituency Development Funds due to budgetary constraints.

    The CDF is a government grant for allocating resources to all 210 constituencies in the country to support developmental projects that address the needs of communities.

    Responding to questions in the National Assembly on Wednesday, Finance, Economic Development and Investment Promotion Minister Prof Mthuli Ncube assured that 71 constituencies would receive the first tranche of CDF payments.

    “I am pleased to report that after a long process of administrative work in the background, we have kind of worked out things such as vendor numbers and so forth. We have finally been able to allocate vendor numbers for 71 constituencies. The disbursements of those funds will occur soon. Certainly, I have been assured that by the end of next week, there will be quite a bit of movement in the disbursement of these funds. “Let us work on the date of 10th April to begin these payments,” he said.

    Prof Ncube added: “I do hope the Hon Members are among those who have submitted their requests and projects and are ready to go. I hope they have done that. If they have not, they should do so, so that they can benefit from the CDF funding.”

    New Ziana

    Latest articles

    President Calls for Content that Reflects Community Hopes

    Bulawayo, (New Ziana)-President Emmerson Mnangagwa has implored the nation to leverage on available communication...

    Churches partner gvt in HIV fight

    Harare, (New Ziana) - Religious leaders have pledged stronger support for the Prevention of...

    Prof Mthuli defends new VAT rate, announces revision of gold royalty proposal

    Harare, (New Ziana)- Finance, Economic Development and Investment Promotion Minister, Prof. Mthuli Ncube has...

    New Development Bank of BRICS: driver of growth for Global South countries

    In 2025 the NDB marked its 10th anniversary. Throughout this time, being essentially the...

    More like this

    President Calls for Content that Reflects Community Hopes

    Bulawayo, (New Ziana)-President Emmerson Mnangagwa has implored the nation to leverage on available communication...

    Churches partner gvt in HIV fight

    Harare, (New Ziana) - Religious leaders have pledged stronger support for the Prevention of...

    Prof Mthuli defends new VAT rate, announces revision of gold royalty proposal

    Harare, (New Ziana)- Finance, Economic Development and Investment Promotion Minister, Prof. Mthuli Ncube has...
    error: Content is protected !!