Categories: Stories

Mnangagwa on what he has done since he came to power two years ago

In November 2017, we also found ourselves mired in an economic mess, a dark and dangerous fiscal tunnel, with no apparent light at the end of it.

Today, we have a balanced budget for the first time in living memory, and we have restored our own currency, enabling us to take control of both our fiscal and monetary policy.

Of course, too many Zimbabweans still suffer, but austerity is a painful but necessary part of the recovery process. Led by our internationally recognised Minister of Finance, Professor Mthuli Ncube, we will continue to restructure, revamp and rebuild our economy. We cannot and will not hold up our hands. We must reform or perish.

The people of Zimbabwe know perseverance. Just because the process is tough, we will never take our eyes off the prize. We must never give up until we have achieved our goals: A middle income economy by 2030.

We are investing in this process like never before, a process of wholesale economic, political and social reforms.

I call on the nations of the world to help us speed up this process, to support the people of Zimbabwe as we undertake these painful but necessary reforms.

If the goal of sanctions is to stimulate the reform process, their effect is the opposite. They slow down our progress, inhibit our economic recovery and empower those who do not wish to see Zimbabwe change.

Their removal will therefore be an important step on the road to a better future for all the people of this country.

We as leaders have a duty to set a new course for our people, a course where not only is our fate in our own hands, but where no one is left behind. A course with a balanced budget, an open political space, and a thriving economy providing the jobs and opportunities our people deserve.

I shall never stop working towards these goals and will never waver in my determination to realise the dreams of all those who took to the streets two years ago. I am confident that with patience, perseverance and our unbending commitment to reform, we will get there.- CNBCAfrica

 

(168 VIEWS)

Page: 1 2

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

Recent Posts

Zimbabwe among the top countries with the widest gap between the rich and poor

Zimbabwe is among the top 30 countries in the world with the widest gap between…

November 14, 2024

Can the ZiG sustain its rally against the US dollar?

Zimbabwe’s battered currency, the Zimbabwe Gold, which was under attack until the central bank devalued…

November 10, 2024

Will Mnangagwa go against the trend in the region?

Plans by the ruling Zimbabwe African National Union-Patriotic Front to push President Emmerson Mnangagwa to…

October 22, 2024

The Zimbabwe government and not saboteurs sabotaging ZiG

The Zimbabwe government’s insatiable demand for money to satisfy its own needs, which has exceeded…

October 20, 2024

The Zimbabwe Gold will regain its value if the government does this…

Economist Eddie Cross says the Zimbabwe Gold (ZiG) will regain its value if the government…

October 16, 2024

Is Harare the least democratic province in Zimbabwe?

Zimbabwe’s capital, Harare, which is a metropolitan province, is the least democratic province in the…

October 11, 2024