Support Local Currency :MP
25 July 2019
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PARLIAMENTARIANS have called on Government to immediately work on eliminating corruption from all sectors as a way of restoring confidence in the recently introduced local currency.


Speaking after moving a motion on the local currency in Parliament yesterday, Hwedza North legislator David Musabayana said it was the duty of all Members of Parliament to rally behind Government’s decision to reintroduce the local currency.


“I call upon this August House to support in earnest the new Zimbabwean currency as we are aware of the Government’s noble intentions to mitigate the suffering of the general population. The continued use of the multi-currency regime was now a root cause of the suffering of ordinary Zimbabweans who had no easy access to the United States dollar which had emerged the dominant currency in this basket of currencies,” said Musabayana.

He said besides curbing corruption in all Government departments, it was important to ensure that the Reserve Bank of Zimbabwe (RBZ) is independent in its operations.


“Introducing a Zimbabwean dollar may not be enough but we want the Government to add on a number of policy measures so that they will stabilise the economy. We propose that the Government accelerates the re-engagement process so that we promote investment into this country,” he added.State media