- Published on 11 April 2017
Zimbabwe’s economy is in intensive care because it does not have a national vision to grow it, the Affirmative Action Group (AAG) has said.
The country, currently saddled with over $10,8 billion debt, is suffering from a severe liquidity crisis coupled with high unemployment rate and massive company closures. This is despite the fact that every five years, government is coming up with economic blueprints in a bid to stimulate economic growth. Speaking at a business breakfast meeting organised by Global Shapers Bulawayo hub, AAG Matabeleland chapter president, Reginald Shoko, said the country does not have an economic vision. (Newsday)
- There is need for the government to come up with policies which focus on areas which need vital attention to provide a solution impetus for an economic turnaround. There is also need for the government to reduce the high wage bill so that funds can be channeled towards capital projects.