Tinashe Sambiri| MDC Alliance vice president Hon Tendai Biti has lampooned the clueless Zanu PF regime for “attempting to rig the economy.”
According to the former Finance Minister, economic growth without reforms is impossible.
Hon Biti also accused the Zanu PF regime of presenting false inflation figures.
“We submit once more that you can rig an election but not economy. You can create mascara of GDP growth rates or low inflation figures but like all mascara it can’t stand heat&water . Scrap the auction system , repeal SI 33/19 , SI142/19 , scrap the RBZ .Scrap #ZANU.
Many are naive enough to believe that there can be sustained real growth without structural reforms .This is not possible The Dutch auction system on which the regime & its acolytes pin all of hope of stabilization is rigged & a big fraud,” argued Hon Biti.
“The working families of Zimbabwe pay a further price of the rigged auction system in the form of inflation. The huge gap between the official exchange rate and the parallel market fuels inflation .Further with money being borrowed to finance the mirage of stability ….
…social services are suffering. Public health and public education are crippled .Civil servants are in a permanent stand off and teachers have withdrawn services for 2 years.There are no social safety nets. Covid and natural disasters have exposed structural vulnerabilities,” he added.