News / National
Bank queues pain me says Mnangagwa
17 Nov 2016 at 04:35hrs | Views
Vice president Emmerson Mnangagwa has told parliament that he feel deeply pained at the sight of people queuing for money at financial institutions.
He was responding to a question from Pauline Mpariwa on Wednesday.
"Thank you Madam Speaker to say the least, I feel more hurt than what the Hon. Member is expressing because every time I see people in the queues, the old women, old men and 'other people' it hurts me greatly" Mnangagwa is quoted saying by the parliamentary Hansard.
Mpariwa had said " We have noticed that there are a lot of people who are in queues, day in day out, waiting to access their finances from the banks.
" We noticed that some of these people put up in the verandas and this is a derailment of the agricultural programme by the State".
She went further "What is Government policy regarding access to cash? Not only that, also the protection of these people and their social welfare so that they can be assisted in their times of need because these people should go back to their homes instead of staying in towns".
With the continued cash crisis most people are now spending endless hours in bank queues.
The banks, in turn, appeared to fail to meet the rising cash demand, with some limiting withdrawals to as low as $20 a day, forcing depositors to return to the bank on a daily basis until they exhausted the cash in their accounts.
Some people queue from as early as 5pm the previous day and the queues grew with each hour.
For some of those who have day jobs, they join the queue soon after work, while others travel from home, armed with blankets and food.
He was responding to a question from Pauline Mpariwa on Wednesday.
"Thank you Madam Speaker to say the least, I feel more hurt than what the Hon. Member is expressing because every time I see people in the queues, the old women, old men and 'other people' it hurts me greatly" Mnangagwa is quoted saying by the parliamentary Hansard.
Mpariwa had said " We have noticed that there are a lot of people who are in queues, day in day out, waiting to access their finances from the banks.
" We noticed that some of these people put up in the verandas and this is a derailment of the agricultural programme by the State".
She went further "What is Government policy regarding access to cash? Not only that, also the protection of these people and their social welfare so that they can be assisted in their times of need because these people should go back to their homes instead of staying in towns".
With the continued cash crisis most people are now spending endless hours in bank queues.
The banks, in turn, appeared to fail to meet the rising cash demand, with some limiting withdrawals to as low as $20 a day, forcing depositors to return to the bank on a daily basis until they exhausted the cash in their accounts.
Some people queue from as early as 5pm the previous day and the queues grew with each hour.
For some of those who have day jobs, they join the queue soon after work, while others travel from home, armed with blankets and food.
Source - Byo24News
