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(NEWZIMBABWE) National Budget: nation watches, uncomprehending

National Budget: nation watches, uncomprehending
By Lenox MhlangaBudget, Money Last updated on: October 27, 2011

WHY do we dread budget time? Is it because there is little good news, if any, that comes out of such an exercise, particularly when it comes to helping the poor in times of economic hardship?

The national budget will be announced with all the pomp and ceremony that normally goes with such occasions as if there is anything to celebrate. Forgive my cynicism but with all the experience that I have garnered listening to statement after statement all these years, I just have to be understandably blasé.

I can’t help but feel pity for Finance Minister Tendai Biti who, in his trademark bombastic manner, tries to draw excitement out of otherwise bland proceedings. He has the onerous task of having to break the hearts of nearly 12 million people, more if you include those in the Diaspora.

Apart from the reality of having very little cash to play around with, Minister Biti presents a statement whose principal challenge is whether the ordinary man will be able to skim through all that verbiage and understand the facts. There is just too much jargon in the national budget statement,

We have already made our voices heard about an unreadable constitution that was designed to confuse us. We deserve a user friendly budget, one that we can explain to our children without being bombarded with too many ‘whys’. One which we can dot all the i’s and cross the t’s. There is nothing more frustrating as trying to explain something so important in a medium one can hardly understand.

Perhaps it’s all intentional. American comic and actor W.C. Fields once said: “If you can’t dazzle them with brilliance, baffle them with bull!”

Just like law, as an example. Because of all the legal rigmarole, one is forced to pay an arm and a leg in legal fees for a privileged few to unravel it for you.

Information should not be the preserve of a few, particularly when it comes to the budget which affects the lives of so many. One of the most puzzling events that precede the budget is an event called a Pre-Budget Consultation. It is a gathering of all the economic fundis that can be smoked out of their foxholes, the beleaguered Minister of Finance, parliamentarians and a few hangers-on, to debate, dissect, and extrapolate elements that will make up the budget document.

Correct me if I am wrong, judging by the time these costly road shows are held, I can bet you my bottom dollar that the budget would long have been prepared. With my limited English, I can only assume that the term “Pre-Budget” means “before the budget.”

Any right thinking government would not expect a budget, containing vital info on how a country can earn and spend its financial resources, to be prepared in a couple of weeks! Let’s face the facts, the national budget for 2012 long left the drawing board and is actually at the printers as we speak.

So why national budget consultations to input in a document whose ink is already dry? Are we not putting the proverbial cart before the horse? By attending these charades, are we not lending credence to some form of mass deception? Not forgetting the money spent setting them up and sending the finance ministry juggernaut across the country?

And if they are dubbed ‘public’, why hold them at luxury hotels whose capacity and indeed distance put off the very people they are supposed to reach? I am yet to see pre-budget consultations held at the Luveve Beit Hall in Bulawayo or Sakubva in Mutare? Why not hold them at Stoddard Hall or Dulibadzimu for that matter?

Why it is that so few MPs attend such consultations? Are they showing contempt for an exercise that is so short on substance and long on hollow talk?

The issues that were raised at the consultations, had some of our decision makers bothered to attended, are nothing new. Government overspending, a warped sense of priorities and the thorny issue of accountability dominated the discussions. No matter how hard they tried, it was plain for all to see that the fiscus was leaking like a sieve particularly when it came to the world’s worst kept secret, revenue from the Marange diamond fields.

If we could substitute some big guns’ pockets for the treasury, I am sure that we would not be wailing about sanctions or any other lame excuse for mismanagement and plain pilfering. The question that remained lingering in the air like a bad smell was: do we have the courage to bite the bullet or will we continue to go through the motions?

Such ill-advised decisions such as statutory instruments introducing duty restrictions on food stuffs would have been avoided if genuine consultation had taken place. By offering civil servants a pittance with one hand, then taking away that token increment through duty-fuelled price increases is cruel.

Our hope is that the national budget will recognise the fact that the country’s economy is in the early stages of recovery. It should also display an understanding that people deserve some form of relief rather than to be thrown to the wolf pack that is Zimbabwe’s nascent entrepreneurs. It should tame this disrespect for hard currencies where businesses still believe in 100% profit.

The pertinent question members of the public should be asking is whether the national budget is indeed an instrument in deception, especially if a couple of months down the line, we seem to disregard the document and elect to operate like a village bottle store.

It is so obvious that we are able to salvage ourselves from the mess we are in if we are honest with ourselves and live within our means. If our gallivanting leaders would stop siphoning the little that collects in the treasury or elect to drive modest vehicles rather than gargantuan fuel guzzling behemoths, then we would be indeed going somewhere.

The challenge for those in leadership is to ensure that the targets set in the national budget and the recommendations therein will lead us to a semblance of economic recovery. Our collective hope is that the 2012 national budget is not just another game of smoke and mirrors.

Labels: BUDGET, TENDAI BITI

posted by MrK @ 4:51 PM