I have failed – Gono

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Lending weight to rhetoric of an economic recovery, Gono said “the last three months have been the most traumatizing period of my tenure.”
The central bank chief presented a cocktail of desperate measures in a rescue package which simply did not match the heroic proportions of the legend that has grown up around him as a “turnaround strategist.”
He admitted that economic fundamentals have further deteriorated since his December presentation.
While insisting that his economic turnaround strategy was still on course, Gono did not come up with any rescue package and in a defeatist attitude said “expect no miracle from this governor.”
The RBZ governor, in a speech peppered with hardline rhetoric and big words, revised his failed policy and introduced mundane incentives for new black farmers resettled on land grabbed from white farmers.
“We are moving swiftly into supply-driven action,” Gono said, with no trace of any reconstruction package to support his model.
He acknowledged he was losing the battle against inflation – described as “enemy number one” even though government’s policy failures are evidently the major problem.
Currently, manufacturing is operating at a third of its capacity, the lowest since Independence, mining has lost 40,000 skilled employees in the past year, doctors and teachers cannot make it to work, and the education and health infrastructure has all but crumbled. – Chief Reporter