Former Finance Minister, Tendai Biti has urged International Finance Institutions, particularly the International Monetary Fund (IMF) not to extend lines of credit to Zimbabwe until a transitional government is established.
The MDC vice president advised Western countries not be fooled by the Zimbabwean government’s cosmetic reforms that are divorced from the rule of law and adoption of democratic tenets.
Writing in the Foreign Policy magazine, Biti argued that Zimbabwe needs help from both international and regional partners to ward off economic collapse. He said:
To attract foreign investment, Zimbabwe needs to show that it respects the rule of law, including by strengthening property rights and guaranteeing that profits can be repatriated outside Zimbabwe.
The current government cannot be trusted to undertake such a programme.
That is because Zanu PF stands to lose from serious reforms since they would inevitably eliminate the party’s traditional sources of finance, patronage and control.
A transitional government arrangement, akin to the unity government of 2009–13, has to lead the reform effort.
To bring one about, the IMF and other major multilateral organisations should offer Zanu PF incentives to come to the negotiating table — not reward it prematurely as the IMF did with the staff-monitored programme.
Zimbabwe needs help from its international partners, as well as from neighbouring countries and regional blocs, to stave off total economic collapse.
First, however, it needs to get its politics right.
Meanwhile, regional organisation, the Southern African Development Community (SADC) has urged Western countries to remove sanctions they imposed on Zimbabwe.
They made the call during the recent SADC Summit held in the United Republic of Tanzania.
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dont be chickens tendai its time to form a military wing to position your self on a strong position when zanupf negotiate knowinng you can also act militarily you will succeed you cannot egotiate with a lion knowing you are a zebra its daily menu leave the country find a country thats will support and train your guys then do a roll call for military struggle and you will see even among the zim army some will defact its tough and bloody but a winnable struggle it was taken by blood remember every member who wish to obtain freedom through negotiating with a black man is joking aluta continua says samora machel sadc and au dont care about you zimbos you have a choice brother to fight for your freedom in a matching legal standards or remain as slaves of zanu pf hijacked by those evil hyena who are now looting diamonds with the CHINESE GVT WHO ARE ECONOMIC CRIMINALS LOOTING MINERALS BUT NO PROGRESS let me tell you even if you dont the God who raised David to kill Goliath who was oppressing the israelites will raise someone in zim soon highly powereful and annoited for war and zanupf will fall it will be a surprise to many african countries all those soldiers cio police youth who burn and kill people will be exposed it will be a big shame to you as i told you that mugabe will go this year and he went so shall it be with this article God is not happy with the killings and suffering of zimbos because of Pharaoh now our pharaoh is zanu pf the might one will falll kkkkkk watch and see i know they are mighty and experienced killers but what is coming is greater than what they expect do not trusr mdc alone to bring you freedom chamisa is not a holy cow he eats with zanupf in secrets
I’m sorry to differ with you. Reason being that you can not wage a war against the ruling party when you don’t have support from neighbouring countries. That’s where you can set up your bases/ camps and fight from there
@motmoto ,you are very spot on MDC should be very organised within and outside the borders of Zim.Surerly how can they organize demos only in Zim?what are their senior members doing in foreign countries ,particularly in SA where majority of Zimboz are working and studying?vari kutadza nei kuorganizer a march yekuti vanhu vaende kunoita mademonstrations kumaZim embassies ese ari muworld kuti zviite mutsindo?MDC must shape up .
I read Tendai Biti’s very astute article on the Foreign Affairs website yesterday. The powers that be in South Africa, SADC and the international community should take note of this trenchant analysis of the harrowing state of affairs in our once promising motherland. Mr Biti’s suggested solution to this tragic situation is the only practical way forward.