...ZIMBABWE THE 2012 MID-YEAR FISCAL POLICY REVIEW “From Crisis to Austerity: Getting Back to Basics” Presented to the Parliament of Zimbabwe By Hon. T. Biti M.P. Minister of Finance 18 July 2012 1 2 Table of Contents INTRODUCTION .............................................................................. 9 THE 2012 BUDGET OVERVIEW .................................................... 12 STATE OF THE ECONOMY AND PROPOSED INTERVENTIONS . 16 GDP Growth Slowdown ........................................................ 16 The 2012 Mid-Year Fiscal Policy Review Thrust ................... 19 AGRICULTURE .......................................................................... 20 Productivity ........................................................................... 22 SADC Food Situation ............................................................ 25 Tobacco Marketing ............................................................... 26 Cotton Marketing .................................................................. 27 Livestock ............................................................................... 28 Outlook ................................................................................. 29 Financing .............................................................................. 29 Leases and Surveying ........................................................... 31 Access to Inputs ................................................................... 32 Irrigation .....
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