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Finance and Economic Development Minister Mthuli Ncube yesterday proposed the payment of tollgate fee in foreign or local currency at the Foreign Currency Auction Rate as presented in the 2021 budget.
On the new proposed foreign currency figures Light Motor Vehicles will pay $2, minibuses $3, buses $4, heavy vehicles $5, haulage trucks $10 .
“…light motor vehicles will pay $2, minibuses $3, buses $4, heavy vehicles $5, haulage trucks $10 and the residential discount will be set at $10 per month,” said Ncube.
Minister Ncube also proposed a residential discount of US$10 discount per month.
“…the residential discount will be set at $10 per month.”
Finance Minister further said that foreign registered vehicles will pay their tollgate fee in either United States Dollars or equivalent in other foreign currency.
“In addition, toll fees for foreign-registered vehicles will be payable in United States Dollars or equivalent in other foreign currencies, using the above rates.”
Minister Ncube yesterday a presented a ZWL$421.6 billion 2021 budget, which sees the Ministry of Primary and Secondary Education claiming the largest allocation of ZWL$55.2 billion, which will also meant for the provision for sanitary wear for girls in need.
Also the Ministry of Lands, Agriculture, Water and Rural Resettlement was allocated ZWL$46.3 billion while the Ministry of Defence was allocated ZWL$23.8 billion.
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