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Nation confident of economic turnaround

by Cletus Mushanawani  and Ivan Zhakata

As Zimbabweans welcome the New Year, there are essentially 10 points that should keep even the most sceptical citizen hopeful for a turnaround of economic fortunes.

The engagement and re-engagement programme initiated by Government since November 2017, is expected to result in the normalisation of relations with all countries of the world, paving the way for job creation as companies reopen.

Dr Israel Murefu

There is an expectation that bank queues will be eliminated, while the exchange rate will stabilise. Citizens want all political parties to engage in dialogue and pull in the same direction for the economy to improve.

In an interview yesterday, Employers Confederation of Zimbabwe (Emcoz) president Dr Israel Murefu said the Government should ensure that economic fundamentals were properly managed to reduce inflation, stabilise the exchange rate and ensure foreign currency  availability.

“We also need to be productive as a nation, especially in agriculture, which is the mainstay of the economy.

In order to be able to produce on the farms and in other sectors for purposes of supplying our local industry and the export market, we need a solution around issues of energy especially electricity, fuel and water and ultimately sustainable funding of agriculture and other businesses,” he said.

Source: Herald Online, read full story on the following link https://www.herald.co.zw/nation-confident-of-economic-turnaround/