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DOWNLOAD: PAC Report on Ministry of Finance

SUMMARY OF FINDINGS
5.1 The following is the summary of the findings by the Committee:
i) Non-compliance with the provisions of section 300 (3) of the Constitution in that
the Minister of Finance and Economic Development failed to publish, in the
Gazette loans contracted and guarantees issued by Government within sixty days
of their conclusion.
ii) Non-compliance with Section 300(4) of the Constitution in that the Minister of
Finance and Economic Development failed to present to Parliament a report on
loans raised and guarantees issued by the State and a comprehensive report on
public debt.
iii) Partial compliance with section 301(3) of the Constitution in that the Minister of
Finance and Economic Development failed to allocate a share of the national
revenues resources to local authorities.
iv) Non-compliance with section 305(5) of the Constitution in that the Minister of
Finance and Economic Development failed to present in the National Assembly,
additional or supplementary estimates of expenditure and additional or
supplementary bills.
v) Non-compliance with the provisions of Section 23(1) of the PFM Act (Chapter
22:19) in that since 2014, the Accountant General had failed to issue warrants under
his hand, authorizing accounting officers to incur expenditure up to the limits and
for the purposes and subjects to conditions contained therein.
vi) Non-compliance with section 30 of the PFM Act (Chapter 22:19) in that Treasury
failed to withhold funds appropriated to Ministries whose functions were assigned
to other Ministries and to allocate those remaining funds to that other Ministry or
institution.
vii) Non-compliance with section 33(3) of the PFM Act (Chapter 22:19) which
prescribes that the Accountant General should prepare consolidated quarterly
financial statements which should be presented to the National Assembly and the
appropriate Portfolio Committee by the Minister.

DOWNLOAD HERE: PAC report on the Ministry of Finance 

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Daniel Chigundu

Daniel Chigundu is a male journalist in Zimbabwe and has been practising since September 2009. He used to the editor for The Business Connect (newspaper) in Harare, has his own news website Tourism Focus which is biased towards the tourism sector. Daniel is also working with Magamba Network on their project called Open Parliament where they do live coverage of Parliamentary activities on Twitter and Facebook. He is currently the secretary-general of the Zimbabwe Parliamentary Journalists Forum, is a member of Zimbabwe Small Broadcasters Association and a board member of Digital Communication Network. He holds a Diploma in Communication and Journalism from the Christian College of Southern Africa (CCOSA), a certificate in Youth leadership training from the Friedrich Ebert Stiftung (FES), a certificate in Citizen Journalism from Magamba Network and is currently a first-year student at Zimbabwe Open University studying for a Bachelor of Arts Honours in Ethics and Organisational Leadership.

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