ED: We Shall Not Shy Away From Doing What Is Good For Our Country

President Emmerson Mnangagwa has said that the government shall continue implementing the ongoing reforms as they shall have a greater positive impact on the country.

He said this whilst officially opening the Zimbabwe National Chamber of Commerce (ZNCC) 2019 annual congress in Victoria Falls yesterday. Mnangagwa said:

We shall continue to deepen the ongoing reform initiatives and not shy away from doing that which is good for our country and the generality of our people. To this end, the ongoing monetary reforms, fiscal consolidation, macro-economic stabilisation, stimulation of growth and the quest to create employment for our people will proceed with increased impetus.

I call upon the business community to complement Government in the fulfilment of the reform objectives. In our respective spheres, we must take it upon ourselves to explain the new developments especially with regards to the recently gazetted SI 142 of 2019 to our people. Let’s reassure them that we are on the correct path and the measures we are instituting will bear fruit.

He said sustainable growth remains the most critical way to expand opportunities, increase wealth, create decent jobs and achieve broad-based empowerment across every spectrum of the economy.

There are mixed feelings about the removal of the multicurrency system. There are some sections of society who believe that the reintroduced Zimbabwe dollar will work. At the same time, some project failure of the currency which they say was haphazardly reintroduced. They further claim that fundamentals to sustain it are yet to be in place.

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