Treasury Enforces Spending Cuts

Date Published: 30/09/2025
Category Business

The treasury announced broad spending cuts to reduce the budget deficit. Finance Secretary George Guvamatanga froze new recruitment except for essential posts, cut fuel allocations by 25%, suspended hotel-based workshops, and tightened controls on foreign travel. Ministries must obtain Treasury approval for contracts over US$2 million. Purchases of vehicles and equipment are postponed to 2026, while only high-impact projects will receive funding. The measures aim to restore fiscal stability.

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