Govt to suspend Parliament procedure to speed up bond notes law

Government is seeking Parliament approval to speed up the process of making the Reserve Bank of Zimbabwe Amendment Bill 2016 into law by suspending all parliament processes relating to the passing of the law.

On Wednesday, Finance Minister Patrick Chinamasa gave the notice to suspend parliament procedures. The notice read,

The minister of Finance and Economic Development to move that the provisions of the following standing order be suspended in respect of the Reserve Bank of Zimbabwe amendment bill 2016.

The bills’ first reading was supposed to be done around the 1st of December while the Portfolio Committee on Finance and Economic Development should have had until December 13 to share its views. Under normal circumstances, only one stage may be taken on the same day.

More: NewZimbabwe.com