By 
Treasury has allocated ZWL$56.7 billion to the Ministry of Information Communication Technology in support of the 2023 digitalization agenda which will cater for various e-government programs and expansion of the fibre optic backbone infrastructure, Finance Minister Mthuli has announced.
In his 2023 Budget statement the minister said this allocation will drive growth projections in the ICT sector of 2.5% between 2023 and 2025.
“The ICTs sector is expected to grow by 8.3% in 2022, with average growth projections of 2.5% between 2023 and 2025, mostly driven by mobile voice traffic and internet data.
“To fully benefit from this rapid growth, and to drive digital transformation of the economy, investments in enabling infrastructure, skills, financial services and entrepreneurship will need to be upscaled
Overall budget support for the digitalisation agenda, during 2023 amounts to ZWL$56.7 billion, to cater for various e-Government programmes, expanding the backbone infrastructure, and other related programmes,”
The budget will also be directed to developing the fibre optic backbone infrastructure across the country so as to bridge the digital divide between rural and urban areas which is in line with government’s thrust of leaving no-one and no place behind.
Comments