Admit It! Zimbabwe Dollar Experiment Has Failed – Mliswa

Norton Member of Parliament (MP) Temba Mliswa (Independent) has said the government is burying its head in the sand by insisting on the use of the Zimbabwe dollar and pretending that the country is still under lockdown.

Mliswa urged authorities to accept that the lockdown is no longer in force and come up with a response that acknowledges that the novel coronavirus is among us and allow people to resume economic activities.

The outspoken former ZANU PF top official also called on the government to admit failure in its Zimbabwe dollar project and fully dollarize the economy. Said Mliswa:

We are wasting time lying to ourselves that we have a lockdown just as we are refusing to face the truth that the bond note has failed and we need to dollarise. It doesn’t make sense.

Let’s face reality and respond accordingly instead of putting heads in the sand.

The lockdown is no longer being followed, people are all over in the locations moving and trading and doing business.

It’s time we accepted that fact and implemented a response that accepts the presence of both #Covid19 and the need for people to get back to earning a living.

Mliswa added that dollarisation, and not political whims or propaganda, will stabilise the economy. He said:

The same with the bond notes. They have failed to achieve their objective. The economy is in a tailspin, inflation over 700%. The nearest solution to stabilise it is dollarisation.

Economics is a science and will not bend to political whims, propaganda or unscientific conjecture.

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