By Own Correspondent| Economist and University of Zimbabwe lecturer, Ashkot Chakravarti has applauded efforts being made by Finance Minister Professor Mthuli Ncube to revive the country’s economy.

The renowned economist however said Zimbabweans should appreciate that Ncube is taking over an economy that has been mismanaged for over 20 years.

He said that civil servants are justified in demanding a salary adjustment but they have to understand that the economy had been mismanaged for two decades.

The renowned economist applauded the efforts being made by Finance Minister Mthuli Ncube to revive the economy when he said that this is the first time in a long time that something is being done.

He said:

“I am confident there are ways of raising additional revenues without increasing taxation, but it has to be part of a comprehensive reform package. Such measures have to be given consideration.

I think it is not an unreasonable demand (civil servants asking for better wages). I mean all of us want to have a wage or salary that covers our basic living, but the reality is that look we have to accept the fact that there have been 20 years of mismanagement.

…that is all coming home to roost now. If you think that this is going to be solved in a day, then this is where I differ with most people and, of course, people are upset with the condition of the economy. But, I think for the first time in a very long time some effort is being made to move in the right direction and I think it will take time for these measures to play out.”-TheStandard