“2026 Budget to Balance Stability and Growth”…Minister Mthuli Ncube

Staff Reporter

Zimbabwe’s 2026 national budget, to be presented in Parliament today, will strike what Government describes as a “deliberate balance between stability and growth” in order to keep the country firmly on course towards achieving Vision 2030.

This was revealed by the Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube during an interview ahead of the presentation, where he emphasised that the budget comes at a time of both global uncertainty and domestic economic pressures.

“The 2026 national budget is designed to consolidate stability while driving growth.

We are committed to ensuring that Zimbabwe stays firmly on the path towards Vision 2030, despite the global and domestic challenges that continue to exert pressure on our economy,”he said

He stressed that maintaining stability remained the cornerstone of Government’s fiscal approach.

“Macroeconomic stability is non-negotiable. It is the foundation on which sustainable development is built.

At the same time, we recognise the urgent need to stimulate growth by supporting productive sectors, strengthening public services and expanding infrastructure,”he said

Professor Ncube also said the budget would set the tone for Zimbabwe’s fiscal policy direction in 2026, outlining Government spending priorities and revenue measures aligned with the National Development Strategy 2 (NDS2), which runs from 2026 to 2030.

“This budget will speak directly to our national development targets under NDS2. We are ensuring that our fiscal policies, resource allocations and economic reform measures all pull in the same direction to accelerate transformation and modernisation,” he noted

He added that the 2026 fiscal plan would give particular attention to agriculture, mining, manufacturing, social services, digital innovation and youth development critical sectors expected to anchor growth under NDS2.

“We are focusing on areas that deliver the highest impact. Investment in productive capacity, human capital, climate resilience and digital infrastructure is central to our vision of an upper-middle-income economy,” he said

Responding to concerns about economic headwinds, the minister said Government had taken a pragmatic approach.

“There will always be pressures regional droughts, global commodity fluctuations, geopolitics.

But Zimbabwe has shown resilience, and with sound policies we will continue on a positive trajectory,” he added

He urged citizens and businesses to view the 2026 budget as a tool for national progress.

 “This is a budget for stability, for growth and for confidence. It is about building a future that benefits all Zimbabweans,” he said

The budget is expected to detail expenditure frameworks, revenue strategies and economic targets that will guide public finances throughout 2026.

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