By Staff Reporter
Harare – The Zimbabwean government has released US$50,000 to each geographical Member of Parliament (MP) as part of the Constituency Development Funds (CDF) initiative.
The CDF is designed to empower MPs to address pressing needs within their constituencies and promote local development.
In an announcement to the National Assembly on Tuesday, speaker Jacob Mudenda said MPs may now begin submitting their constituency development projects for consideration.
“Following the presentation of the Mid Term Budget and Economic Review Statement on 25th July 2024, Treasury has availed US$50,000 per constituency as Constituency Development Fund.
“Honourable Members may start submitting their projects for consideration before 30 November 2024.
“All returning Members of Parliament who have not submitted their returns are encouraged to first acquit before accessing new funding,” said Mudenda.
Mudenda also urged MPs to start implementing CDF projects as soon as funds are deposited into their accounts so that projects do not take long to complete.
All 210 constituencies in Zimbabwe will receive the equivalent of US$50,000 in local currency, determined by the exchange rate at the time of disbursement.
MPs have been advocating for the disbursement of funds in US dollars, as many service providers have rejected the unstable local currency.
Parliamentarians attribute this to previous failed or unfinished projects.