Govt face reality

EDITOR - The Zimbabwean government should face the reality that they need to stimulate the economy. Zimbabwe is currently in a recession and if something is not done soon, the economy will start shrinking again.


Another reality that the government should face is that most foreign countries are themselves facing their own problems are have implemented programs to stimulate growth in their own economies.

I fail to understand the kind of thinking that goes on in our government official heads. In the US, the government took a painful decision of implementing the break-up of their biggest car maker, General Motors. The ideal was to leave the parent company in a leaner financial position and to get them to focus on production rather than trouble shooting.

In Zimbabwe, there are state owned companies that have been under performing for years and have been a burden on the economy. Even the reserve bank governor, Gideon Gono, has on numerous occasions stated that these state-owned companies were the missing link in the recovery of the Zimbabwean economy.

The government should seriously focus on disposing these companies and ploughing those funds into public works programmes to stimulate the economy, projects such as dam and road construction. YOUNG AND RESTLESS, by e-mail

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