Things Are Going To Be Tighter To A Maximum Of 3 Years - Govt
The Zimbabwean government has projected that the desperate situation will persist for up to about three years.
This was revealed by Foreign Affairs and International Trade minister, S. B. Moyo when he appeared before the Parliamentary Portfolio Committee on Foreign Affairs yesterday. Moyo said:
We need appropriate fiscal policies and so far government has done well and has squeezed money supply because there was too much government expenditure and it means that things are going to be tighter to a maximum of three years, and by then we should have done all painful activities and then go to a stage when things are going to normalise.
Zimbabwe is submerged in socio-economic and political crises which analysts say are interlinked. The country has an acute shortage of power which has seen most parts of the country going without electricity for the good part of the day.
The Southern African country is also facing severe starvation due to the El-Nino induced drought and Tropical Cyclone Idai that wrecked the eastern parts of the country. The failure of the government led Command Agriculture Programme to produce expected results due to corruption and climate change worsened the already dire situation.
Other issues bedevilling the country include the soaring inflation which has eroded salaries of workers who have for the past few months been threatening to protest against their employers.
The country also does not have adequate fuel and medicines in medical institutions.
More: News Day