“Our Optimism Is Based On Cold, Hard Facts,” Finance Minister

Zimbabwe’s Finance and Economic Development Minister, Professor Mthuli Ncube has said that his projections as indicated in the 2020 Budget Statement presented in Parliament last week were not farfetched.

Ncube said that the optimism with which the government has must not be mistaken for the government’s ignorance of the deteriorating state of affairs. He added:

Rather, because our optimism is based on cold, hard facts. And these facts are that for the past year, our responsible austerity measures and the reclaiming of Zimbabwe’s monetary and fiscal fate have put our economic vision on firm foundations.

I have taught this mantra at some of the world’s finest universities, and it remains true: If the fundamentals are right, growth will follow.

Meanwhile, there are some analysts who believe that Ncube’s projections are not only utopian but are also not informed by reality on the ground.

Ncube’s remarks come when Zimbabwe’s socio-economic woes continue to mount due to power deficits, soaring inflation, and drought as well as the standoff between the ruling ZANU PF and the opposition MDC.

More: The Herald


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3 comments on ““Our Optimism Is Based On Cold, Hard Facts,” Finance Minister

  1. Ncube is a total fraud. The “cold Hard Facts” that you are NOT talking about- no medicine, no money, no fuel, no food, no democracy et al – are there for ALL to see, except you Ncube. how do you expect Zim to grow when we are DENIED money, we are denied the right to sell and buy, we are denied fuel, we are denied medicine, we are denied universal healthcare, we are denied foreign exchange, and therefore the right to travel. All fundamental things. And you say that we have all these fundamentals in place??? Yes, you are just a thieving fraudster, with absolutely no clue on how to manage the financial affairs of ANY country. Which universities did to you preach your fundamentals to: University of Antarctica (only penquins there), University of the Arctic (only polar bears there), . You are quite scary. After 2 years of your crap fundamentals, we have fuck all.

  2. Oh yes! Is it true that your wife refuses to live in your country by living in the most democratic and financially stable country in the world – Switzerland? I know they don’t accept payment in Bond (forex only, no less) neither do they accept Cimas.

  3. I have taught this mantra at some of the world’s finest universities, and it remains true: If the fundamentals are right, growth will follow. – after the outstanding job you have done with this country I highly doubt you will be teaching at anymore universities. You are now an example of how to financially destroy peoples lives.

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