The Nelson Chamisa led MDC has urged Government to pay civil servants using taxes collected in foreign currency.
In a statement released by the party spokesperson Jacob Mafume, MDC said Government has enough US dollars to pay civil servants. Mafume said Finance Minister Mthuli Ncube must stop using foreign currency collected from taxes to fund the lives of the ruling elite. We publish the full statement below:
Mthuli Ncube has effectively dollarised government’s revenue collection. He devalued people’s deposits by separating FCA NOSTRO from RTGS making a clear demarcation of local and forex. The government has also introduced several taxes in foreign currency including duty on cars and that companies must remit taxes in the currency of sale.
Considering most companies are providing services or selling goods in US dollars it effectively means government has enough leg room to fund the social agenda and pay civil servants in US Dollars. Government also controls exports, withholding the forex earned while giving exporters some insulting percentage.
Mthuli Ncube must do the honourable thing and hear the demands of civil servants and ensure schools function and doctors return to work. Government must stop using forex to finance lifestyles for elites.
Professor Mthuli Ncube is the Minister of Finance and Economic Development.He was the Chief Economist and Vice President of the African Development Bank ,financial, economics, investment, and public policy expert, entrepreneur and academic. Professor Ncube divides his time between the private sector in Switzerland and... Read More About Mthuli Ncube
Jacob Mafume is a Zimbabwean politician who is a member of the People's Democratic Party formerly the MDC Renewal Team party where he is the party spokesperson. Read More About Jacob Mafume
The Movement for Democratic Change which was known as MDC was formed in September in 1999 out of the labor and civic movement under the banner of the Zimbabwe Congress of Trade Unions (ZCTU).It was reported to be a strong organized political party with the... Read More About MDC