RTGS Dollar Is Useless -MDC
28 May 2019
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Farai Dziva| The MDC A has presented economic recovery resolutions meant to restore the nation’s bread basket status.

See the party’s Congress resolutions- pertaining to the state of the economy:

National Economy

Through disastrous policies anchored on patronage and regime survival agendas, the ZANU PF administration has collapsed the economy which finds itself in a deep recession characterized by high unemployment, zero productivity, hyperinflation, an unsustainable debt, collapsed social services, terrible monetary policy and loss of value of working peoples salaries and pensions.

Congress therefore mandates the party to take action through dialogue and other constitutional means of ensuring that there is deep structural Reforms in the economy including –

(i) macro-economic stability and fiscal consolidation
(ii) a stable monetary policy including a return to the multi-currency regime and the demonetization of the RTGS dollar and its cousin, the bond note.

(iii) ensuring full employment and the preservation of the value of wages and pensions
(iv) a resolution of the country’s sovereign debt crisis through methods that do not ensure the country’s further indebtedness and the continued accumulation of unsustainable and odious debt.
(v) addressing poverty, social services and the creation of social safety nets.
(vi) the pursuit of a rigorous programme of the rural areas.
(vii) the pursuit of gross capital formation and infrastructural transformation focusing on roads, energy, dam and ICTs.