Industrialists blast ZimAsset

HARARE - Government's economic blue print, Zimbabwe Agenda for sustainable socio-economic transformation (ZimAsset), must be practical if the country is to attract meaningful funding, industrialists say.

Former Confederation of Zimbabwe Industries (CZI) president, Callisto Jokonya, yesterday told a ZimAsset workshop in the capital that “without funding, goals set by the ambitious economic roadmap will remain a pipe dream”.

“As it stands it will be difficult to attract funding because people will not invest their money where they know it’s not secure,” he said, adding “if we try to reduce ZimAsset to projects then we will be able to get funding from international moneylenders.”

This comes as the country’s previous economic blue prints such as the Medium Term Plan (MTP) failed to achieve set goals due to lack of funding from the international community owing to Zimbabwe’s high political risk status and policy inconsistencies.

The MTP —  a comprehensive economic blue print was launched in 2011.

Comments (2)

Zimasset has a false good hope but delving deep into it i conclude its total rubbish just aligned to satisfy the wish of Zanu PF looters such as the assumed new farmers and pf chefs for example canncellation of USD80m Zesa farmers bill is a bad start, mentioning of spending money on expanding the heroes acre is wasteful, lack of addressing limitations to self sustenance of the communal residents and false blame of non existent sanctions as the cause for non perfomance where actually corruption is the cause. Disappointed Mwana wevhu.

Me - 7 February 2014

What do you expect from something crafted by Jonathan Moyo who has no knowledge at all about how an economy functions. Its different from crafting entertaining speeches or songs this is all about what one has learnt and experienced in so far as economics is concerned. Zimasset for me is just pure fiction without any proven economic knowledge applied.

mageza - 7 February 2014

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