Farai Dziva|MDC Alliance leader, Nelson Chamisa has said the country’s economic quagmire is a direct result of bad policies and lawlessness.
Emmerson Mnangagwa is accused of disregarding fundamental human rights.
Below is Advocate Chamisa’s argument :
Zim sinking courtesy of bad policies & bad leadership causing abject poverty & untold suffering.Take Policy inconsistency & reversals e.g termination of the multiple currency regime in favour of the local currency & later on return back to dollarization in less than a year.
Let us prep for the new independence as we claim back all that was stolen and demand a people’s government through citizens’ peaceful protests per section 59 of the constitution.People of Zimbabwe deserve better. Change we demand! Non but ourselves!
Going forward, as we alluded to in our independence speech, 40 is a sacred number – life begins at 40, the children of Israel took 40 years to cross into Canaan and Jesus Christ spent 40 days and 40 nights in the wilderness. Zimbabwe turned 40 this year!Hope is our portion!
Elections were rigged but sadly they can’t rig the economy.Force and coercion will not work.Illegitimacy is killing us. Bad governance is killing us. Bad politics is killing us. Corruption is killing us.The economy is tanking.We are on a fast lane to to nowhere!
In the absence of sound stimulus package which must be in the region of US$5 billion coupled with the freefall in our local currency at a time when foreign currency receipts are anticipated to fall by US$3 billion, there is no doubt that the economy has failed to perform.
There is a liquidity crunch, coupled with food insecurity, high unemployment, high incapacitation across – people, workers, Government, businesses, etc and absence of external support, the economy is headed for a total collapse.
There is a constrained budget & little space to pay gvt workers in USD mainly as a result of liquidity crunch coming on the back of low export earnings,depressed investment inflows,low diaspora earnings caused by COVID -19 &absence of lines of credit due to high debt overhang.
