A member of the Reserve Bank of Zimbabwe’s (RBZ) Monetary Policy Committee (MPC) Eddie Cross says that the economic situation will improve drastically in 2020.
Writing on website eddiecross.africanherd, Cross posited that the 2018-19 austerity measures were a harsh medicine that had to be taken. He wrote:
Next year inflation will come back to low levels by the end of the year, exchange rates will strengthen and start restoring value to earnings and capital.
… 2020 will not be easy, but after what we have been through it will be like the morning after the rain. To really succeed we have to work together and have faith in who we are as a nation. If we do those few simple things, the future will look after itself.
Zimbabwe is currently facing a myriad of challenges which have reignited memories of 2008, when the country hit rock-bottom.
Public hospitals are not functioning, inflation has reached 3 digit figures, there is hunger and starvation everywhere, there is no cash in the banks, most people in urban areas do not have access to running water, electricity and fuel are scarce, among a number of other challenges.
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Madness comes in drips and trickles!! and this is exactly so.
This man has become so foolish in his old age, whenever he opens his mouth he sings for his supper.
Eddie Cross – the bankrupt businessman. He is an arse licker who knows absolutely f… all about how to run a company, let alone a country. He talks absolute shit, and is a total waste of an oxygen user. First class knob and prick. Stupid c…
You are right Eddie. There is need for positivity and unity of purpose to move our beloved country forward. Its time we start to love one another. Divided we fall and united we stand.
True.
Hey Stupid Tom: since 1980 the ZanuPF dictum has always been ‘divide and rule’ Never ever do they want to stand united. Read your history, Tom, wake up and smell the poisonous coffee.
Eddie is correct that the economic situation will change drastically next year but alas, he has the direction wrong. How we all wish it will change for the better but the writing on the wall is clearly a downward trend. Yes, Eddie, we need positivity and unity – tell this to the govermment. A sense of positivity and unity directed at all Peoples not selected people at the top of the ZANU PF pile.