Jane Mlambo| In what appears like a desperate attempt to discourage Zimbabweans from panic buying as anticipation of further increase of prices and shortages, President Emmerson Mnangagwa has continued with his usual rants that the country is moving towards a middle income economy by 2030.
In a statement this afternoon, Mnangagwa said the new monetary measures announced by Finance Minister, Mthuli Ncube will yield desired results and the country on a path to steady economic growth.
“Last week, Minister of Finance Mthuli Ncube, drawing on his vast experience as chief economist and vice President at the African Development Bank, announced a series of measures to reform and revive our economy, and put us on the path to steady economic growth.
“Cognisant of the scale and urgency of the challenges facing us, our plan is bold and far reaching and will have the desired effect.
“I have read your comments and understand the difficulties many face, and government will do all in its power to minimize them. We are already taking the lead by cutting back on unnecessary spending. The only way to a stronger economy is to restructure, rebuild and reform,” said Mnangagwa.
He added that Zimbabweans need to be realistic that the economy will be sorted easily as there are no silver bullets.
“We must all be realistic. Whatever some may claim, there are no silver bullets or quick fixes. There is no need to panic, and government is guaranteeing the availability of all essential commodities, including fuel.
We are on a shared journey to a better and more secure future.
“The road is long, winding and at times bumpy, but there is no other way. This is the road to a middle income economy, and if we travel it together, with patience and purpose, we will realize our vision,” he added.