Reserve Bank of Zimbabwe (RBZ) governor John Mangudya said that Zimbabwe received US$3 billion in foreign currency inflows from January to June 2019.
He revealed this on Thursday while addressing captains of industry and potential investors at the on-going Confederation of Zimbabwe Industries (CZI) Congress and International Investment Forum in Victoria Falls. He said:
Over the six months of January to June 2019, the total export receipts amounted to $1,7 billion with other receipts, loan proceeds and foreign investments, amounting to $1,3 billion giving us a total of $3 billion.
So, some will say the RBZ has $3 billion. We’re not keeping this money, it’s the economy that earned $3 billion from among other sources, diaspora cash-outs, tobacco receipts and others and we’re quite happy with the performance.
So why do we have long daily fuel queues, why is there no medicine at the hospitals, why can’t you pay the teachers and docters a proper wage. ????? The answer: because you bigwigs and fat cats steal it ALL, and send it to Dubai. Fuck the poor, enrich the rich.