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

 

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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.

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