(Last Updated on December 14, 2021 by ZIMDAILY EDITOR)
HARARE – Zanu PF and MDC-T will next year share the $500 million Treasury allocated under the Political Parties Finance Act with the split based on the number of constituency seats in the National Assembly.
According to Treasury’s blue book, which goes into the ultra-fine detail of how the Budget is spent, qualifying political parties have been allocated $500 million, with the threshold being five percent of the total votes in a general election.
Only Zanu PF and MDC-T led by Senator Douglas Mwonzora qualify.
Zanu PF is set to get away with the largest share of the money given that it enjoys a comfortable two thirds majority in the National Assembly.
A rough calculation depicts that Zanu PF will get almost $400 million while MDC-T will pocket at least $100 million.