More Smoke And Mirrors, Coltart Speaks On Mthuli Ncube Economic Projections
6 October 2020
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By A Correspondent| MDC Alliance Treasurer General David Coltart has dismissed Finance minister Professor Mthuli Ncube’s economic projections saying his assertion that the country is on a path to sustainable growth was more smoke and mirrors.

Commenting on remarks made by Professor Ncube, Coltart said the economy cannot be on the right path when doctors and teachers are getting slave wages.

“Mthuli Ncube says the economy is on the path to sustainable growth. This is just more smoke & mirrors. How can any economy be on the right path when doctors and teachers are being paid slave wages and the political elite are looting millions?,” said Coltart.

Yesterday, Professor Ncube said government’s efforts to turnaround and place the economy on a path to sustainable growth were bearing fruit.

“Price stability is now visible in line with convergence of parallel and auction rates. (Government also) introduced a ­second auction system for small scale operators,” Ncube noted.