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National Debt Must Be Audited: Chamisa

5 years agoWed, 24 Oct 2018 08:43:04 GMT
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National Debt Must Be Audited: Chamisa

 

Opposition leader Nelson Chamisa has called on the Ninth Parliament to investigate and audit the country’s national debt which he has astronomically ballooned. Chamisa accused the government of uncontrollable spending and alleged that President Emmerson Mnangagwa’s administration had continued former President Robert Mugabe’s penchant of travelling outside the country. Addressing the media, Chamisa said,

Zimbabwe, we now see the emergence of two classes; the looting class comprising those in positions of trust and privileged access and the looking class, of the innocent suffering, observing majority who are victims. What we need is a new class of active citizens, not passive citizens. A nation of leaders, not followers. A leading class to replace the current ruling, ruining class. We must all be drivers not passengers in nation-building processes.

Uncontrollable expenditure is the main ailment of this government. The incumbent administration has perpetuated the historical penchant of travelling outside the country. The national debt has astronomically ballooned. At the start of the 8th Parliament, the MDC resisted the assumption by government, of the RBZ debt to the tune of $1,5billion on account of quasi-fiscal operations.

We call for an audit of the national debt to be done urgently and be indexed country by country, institution by institution and person by person. Today, this administration, through the new minister of finance revealed disquieting and chilling disclosures of the greedy in government. The government has added over $7 billion to the National debt in less than 5 years and $4 billion since November 2017 through treasury bills, of which we are told more than three-quarters of that money went to a few people. We call upon parliament to institute a parliamentary inquiry into the fuel gate, domestic debt and treasury bills scandal.

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