HomeBusiness

There are no cash shortages: Chinamasa

7 years agoTue, 25 Jul 2017 05:04:32 GMT
Share on FacebookShare on TwitterShare on LinkedIn
There are no cash shortages: Chinamasa

Addressing guests during the unveiling of a low-density housing project in Masvingo, Finance Minister Patrick Chinamasa said that there are no cash shortages as evidenced by the construction of high rise buildings in Rusape.

Said Chinamasa:

 I was surprised in Rusape, a small growth point, there is construction of double-storey buildings. There is no cash shortage. The shortage is on the fiscus and we are trying to tie-up the loopholes that see money getting into the pockets of individuals without passing through the formal channels.

He also said Treasury Bills (TBs) do not fuel inflation.

More: NewsDay

Buy Samsung, itel, Redmi smartphones in Zimbabwe

WhatsApp: +263715068543

Tags

0 Comments

Leave a Comment


Generate a Whatsapp Message

Buy Phones on Credit.

More Deals
Feedback