walter mzembi news.jpgTourism and Hospitality Industry Minister, Engineer Walter Mzembi says despite the sector coming second in terms of contributing to the country’s Gross Domestic Product, it remains a puzzle that it receives no budgetary support from the fiscus.

At a media briefing held in Harare for the presentation of the Tourism Sectoral Performance Review for the first quarter, Engineer Mzembi said there is need for direct fiscal support to the sector which has played a significant role in contributing revenues to the fiscus.

“There is very little or no budgetary support for tourism even though it came second last year as a revenue earner,” said Engineer Mzembi.

Minister Mzembi also said his Ministry has spent considerable time preparing for the 53rd edition of the Zimbabwe International Trade Fair to market the upcoming United Nations World Tourism Organisation (UNWTO) General Assembly to be held next year at the Victoria Falls and in Livingstone, Zambia.

The report noted that the country lacks a tourism satellite accounting system which provides an official, objective and credible measure of the sector’s economic contribution to the GDP.

As a result it is difficult to track revenues and receipts from the sector.