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AGO Mutambara bullish on reforms

by Staff reporter
27 Feb 2019 at 15:24hrs | Views
Former Deputy Prime Minister in the Government of National Unity (GNU), Professor Arthur Mutambara has implored the government to continue on its path of macro-economic reforms and take part in regional trade blocks to sustain the country's economic renaissance.

Professor Mutambara was very bullish and optimistic on Zimbabwe's political and economic reform programmes, noting the various strides that the government has achieved so far in turning around the economy.

Prof Mutambara told a group of industry and civic society leaders that the road to full economic recovery and political reforms is not all that rosy, commending the government for spearheading the journey.

"I note the various initiatives being undertaken by the government through the macro-economic reforms to deal with inflation, currency and unemployment which give credence to the commitment to fully recover the economy," said Professor Mutambara.

Professor Mutambara also acknowledged the importance of joining the various regional and continental free trade blocks that exposes the Zimbabwean economy to a market of US$600 billion in SADC for instance.

Recently, the government through the central bank responded to calls by industry to create platforms to access foreign currency at market rates, a measure that will boost industry capacity and improve the availability of local products.

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Source - zbc