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Mugabe praises import ban, says economy is recovering

7 years agoTue, 06 Dec 2016 23:32:12 GMT
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Mugabe praises import ban, says economy is recovering

Delivering his State of the Nation Address in Parliament yesterday, President Robert Mugabe took time to praise Government for implementing Statutory Instrument 64 of 2016, which he says is already bearing fruit as it has improvement the effective use of foreign exchange, and in enhancing local production, thereby reducing import dependence.

The President  said 300 000 tonnes of maize had been imported with 200 000 delivered to the Grain Marketing Board depots by farmers. He also praised Government programmes such as Command Agriculture and mining which he said performed positively, buoyed by favourable market prices, especially those of precious metals. He said tourism continued to register tremendous growth and development as 2,5 million tourists were forecast to come to Zimbabwe owing to the peace and tranquillity the country enjoyed.

More: Herald

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