Elections will bring stability: ZNCC

ZNCC President, Oswell Binha, said the country’s economy required accountable public and private sectors.

“It is our hope that the advent of the election in 2013 would see a new breed of political activity which has respect for productive sectors”.

“During and after election-eering the nation still needs to feed the poor, create jobs, receive external visitors from all over the world, create credible academic institutions and remain a safe investment destination,” he said.

The ZNCC feels there are areas such as strengthening fiscal management, reducing financial sector vulnerabilities, and improving the business climate that should be key priorities for the government.

“There is need to rebalance the expenditure mix, especially by containing the growth of the wage bill, to create the fiscal space needed for increased social spending and public investment. Improving public financial management would help reinforce expenditure control,” said Binha.

He also emphasised the importance of enhancing transparency in the diamond sector.