‘US Dollar to Anchor Economic Recovery’
19 September 2018
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Jane Mlambo| President Mnangagwa has reassured the nation that the United States dollar will remain the bedrock of Government plans for accelerated reforms to address the multiplicity of challenges besetting the economy, chief among them cash and foreign currency shortages, as his administration moves to stabilise the economy.

Officially opening the First Session of the Ninth Parliament of Zimbabwe in Harare yesterday, following his election victory on July 30 this year, President Mnangagwa said the Government will double current efforts towards stabilising the volatile macro-economic environment.

This, the President said, will be done through measures to enhance foreign currency availability, improve liquidity, enhance Zimbabwe’s investment attractiveness, instituting currency reforms, reducing National Budget deficit and ensuring gradual growth of all sectors of the economy.

The ultimate goal, President Mnangagwa said, was to restore macro-economic order, create jobs, end corruption, improve social service delivery, provide requisite modern and efficient infrastructure, clean water, sanitation, good education, health care and sustainable environmental practices.

-State media