Govt starts investigations to identify individuals & companies involved in externalising foreign currency

Responding to a question in the National Assembly, Finance Minister Ptricl Chinamasa said thath Government has started investigations to identify individuals and companies involved in externalising foreign currency from Zimbabwe.

He said that Government is now in touch with banks where money is being externalised. Said Chinamasa:

We are in touch now with the authorities in countries where our money is being externalised. So sooner or later we should have information on who is externalising money.

I am merely meeting a Constitutional obligation that I have to meet Government expenditure and programmes.

Chinamsa also insisted that even though he  borrows to pay wages he tried to maintain a balance and said individuals were the main culprits of externalisation.

More: Herald