By Own Correspondent| Former Finance minister who is also the current legislator for Harare East constituency, Tendai Biti has warned that unless structural reforms are undertaken, the country’s economy is poised for a meltdown.
Biti, who also doubles as the MDC Alliance deputy national organising Secretary identified the budget deficit as one of the main reasons for the country’s economic woes urging the government to address this anomally.
Said Biti:
The spike in prices with bread rising to$1.10 & cooking fat to $5,00 evident that unless structural reforms are undertaken, Zim enters another meltdown. Budget deficit @ center of meltdown & requires boldness to deal with same. Sadly there can never be reform without reformers
— TENDAI BITI (@BitiTendai) September 17, 2018