I want to conclude by saying that there must be legal instruments that protect our people. The chairman of the Committee said that you create all these nice names like AFC, Agribank and yet there is no money to give to the farmers. So why are they being paid to be in those institutions? The only good thing I want to talk about which people did not realise and I am going to share with you, is that the economy is going to stabilize not because of any architectural work but the coins have come in and the role of the coins is to mop up the ZWD.
The Minister of Finance will smile because it will mop up the ZWD and the Government has decided not to pay ZWD to the contractors. So ultimately the good news is that while Hon. Biti and many of us talked about dollarization, it has come but Government will not announce it. You shall be paid in USD because Government is no longer paying contractors in ZWD. So I would like to commend the Minister of Finance for following what Hon. Biti and others like myself used to say that dollarize; you have come with it behind the scenes and Hon. Minister, I can tell you that the economy is going to stabilize because of that. Keep on doing the gold coins – we are not asking how much gold is in it because you are buying from us. That is for another day but they are going to mop up the entire ZWD. Thank you for bringing that strategy and I think in a way, God did talk to you about using gold in hedging our currency. Thank you.
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This post was last modified on August 20, 2022 6:58 pm
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