Mthuli Ncube Says 50 Million Towards Cyclone Idai Came From 2 Percent Tax
19 March 2019
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Jane Mlambo| Government has set aside $50 Million from the 2 percent electronic transaction tax towards the cyclone Idai rescue efforts as well as rehabilitation of infrastructure.

Posting on Twitter, Finance Minister, Professor Mthuli Ncube said the 50 million will be allocated to the Civil Protection Unit, Department of Roads, Education, Health, Water and Sanitation as well as Electricity.

“The social impact of the 2% electronic transfer tax in action: the ministry of finance has released $50M for Emergency and Infrastructure Restoration following Cyclone Idai-induced floods destruction and infrastructural damage. The funds will go towards #CycloneIdai rescue efforts and rehabilitation of affected citizens and restoration of rural feeder roads and other structures. The funds have been allocated to The Civil Protection Unit, The Department of roads, Education, Health, Water and Sanitation, Electricity. We applaud the efforts of Zimbabwe citizens, companies, civic organisations, international partners in our collective effort and showing unwavering support to our fellow citizens suffering from devastating force of #CycloneIdai . Working together we can win.”