Foreign Investors Have Endorsed Monetary Policy Statement- Mthuli Ncube

Finance Minister Mthuli Ncube has said foreign investors have endorsed the 2019 Monetary Policy Statement (MPS).

Ncube said this during the fifth Cabinet briefing on Tuesday in an online video by ZBCtv. The 2019 Monetary Policy Statement (MPS) was presented by Reserve Bank Governor, Dr John Mangudya last week. Said Ncube:

The response we are getting from foreign investors is that this (MPS) is good. This positive feedback shows we are moving in the right direction. At least now we have a full monetary policy in action unlike before when the policy was missing and all we had were fiscal measures. We were walking on one leg and now we have two, which we will use for macro management.

More: Chronicle

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