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Chinamasa says not everyone is against bond notes. Says exporters wanted 15% instead of the proposed 5

7 years agoThu, 24 Nov 2016 05:40:51 GMT
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Chinamasa says not everyone is against bond notes. Says exporters wanted 15% instead of the proposed 5

Responding to question from Binga North MP Prince Sibanda (MDC-T) who had asked how Government intended to maintain parity of the bond note to the United States dollar in a market Finance Minister, Patrick Chinamasa, said had literally rejected the surrogate currency.

Chinamasa also said not everyone is resisting the bond notes and that exporters said they wanted 15% not the proposed 5%. He said,

I dispute the allegation that the whole market is resisting the bond notes. The criticism we have been getting is that those that are going to benefit are saying the five percent is too little, they wanted it raised to 15 percent. If you are not exporting you have nothing to worry about. You are just a consumer of what these people (exporters) have done for you without even working.

More: Herald

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