biti presenting budget.jpgThe business community says it is ready to assist the government in crafting the 2012 national budget in order to consolidate macro- economic gains achieved in the past two years.

The sentiments come at a time when stakeholders are questioning how fiscal authorities are balancing the act between the country’s revenue inflows and expenditure requirements.

In an interview with ZBC News in Harare, the Business Council of Zimbabwe Executive Secretary, Mr John Mufukare said captains of industry and commerce will next week embark on consultations for the 2012 national budget.

“We shall in the next few weeks meet to discuss on the matter and other key issues relating to the 2012 national budget,” Mr Mafukure said.

While fiscal authorities have missed on several key macro-economic targets since the beginning of this year, the National Economic Consultative Forum Coordinator, Mr Nhlanhla Masuku says it is important for the private sector to play a leading role in assisting government with workable policies to increase business confidence.

“Business confidence is at its lowest ebb but that can be solved if all is done to boost confidence,” Mr Masuku said.

All has not been rosy for the fiscal authorities in ensuring macro-economic stability as evidenced by challenges affecting industry and commerce.