MDC-T calls on government not to introduce bond notes because they spell disaster

The majority of the people of Zimbabwe, on whose behalf the MDC is speaking, have already stated, resoundingly, that they don’t want these bond notes to be introduced into the financial system. If it is indeed true that the bond notes are backed by a US$200 million facility provided by the AfriExim bank, the Zanu PF regime could simply release this amount of money into the market rather than rushing to print worthless bond notes that they say will initially be equivalent in value to US$75 million. The ZANU-PF regime can never be trusted with financial prudence and probity. This regime has got an extremely bad record and history of spending more money than the value of goods and services that Zimbabwe can produce.

The MDC is saying a resounding NO, to the introduction of bond notes. The people of Zimbabwe shouldn’t continue to be abused and mistreated by the renegade and irresponsible ZANU-PF regime.

MDC: Equal Opportunities For All
Obert Chaurura Gutu
MDC National Spokesperson

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