Biti to present state of the economy address

HARARE - Opposition PDP president Tendai Biti  is due to present the State of the Economy Address (Sea) tomorrow in response to President Robert Mugabe’s uninspiring, puerile and damp squib State of the Nation Address delivered to Parliament on Tuesday.

Biti’s address comes a day after Finance minister Patrick Chinamasa tables the 2017 National Budget statement to a joint sitting of the National Assembly outlining government’s spending plan.

“Central to the address shall be PDP’s alternative economic policy and the preferred democratic transition mechanism,” Gorden Moyo, the PDP secretary-general said yesterday.

This comes as Zimbabwe has descended into a hoodlum state from a beacon of revolutionary socialism.

The former Finance minister’s address, which organisers said will exhibit “thought leadership”, was expected to chart the path out of the current economic crisis through a mixture of policies drawn from PDP’s two policy documents, Holistic Programme for Economic Transformation (Hope) and the Agenda for Restoration and Rehabilitation of Electoral Sustainability (Arrest).

Arrest provides for the transition of a smooth electoral process to avert another acrimonious post-election dispute that could spill over into violence, as happened after the 2008 poll, when at least 200 MDC supporters were killed in the wake of a first-round defeat for Mugabe, who has ruled since independence from Britain in 1980.

Arrest aims to restore the social fabric, harmonisation of laws and calls for free and fair elections, where a National Transition Authority (NTA) will oversee over the country.

Hope speaks to constitutionalism, job creation and building infrastructure.

The NTA will require about $4 billion while building infrastructure will need $12 billion, according to the PDP.

The fledgling opposition party said the economy was in a vegetative state and Zanu PF could not resuscitate it.

The government’s unpopularity and failed economic stewardship is benefiting the opposition by default, even in former Mugabe strongholds, with a massive anti-incumbent feeling amid indications the 92-year-old president and government have no interest in relinquishing power.

Biti’s Sea will be held at the Courtney Hotel in Harare at 1430hrs tomorrow and will be attended by the PDP national management committee and the national working committee; civil society; business executives; diplomats; and other opposition party leaders.

Comments (9)

Biti, I thought just after GNU you insulted Tsvangirai, among other statements, you said Zanu PF wo 2013 elections fair and square. Wht Free and Fair Elections are you talking about now in Arrest? I thought they were already there, according to you.

XG - 8 December 2016

Biti, you are seeking relevance. Who will dare listen to a failed political wonderer

Cde Hasha - 8 December 2016

what state of economy to ba announced by wanachi? he is seeking relevance seeing that his mahumbwe party is not making any progress. you are no longer minister of finance. sityana nematakadyakare uite zvechiLawyer zvako. politics wakazvigadzirisira size wega nebapu.

Lodza - 8 December 2016

This is what MdcT are supposed to do as shadow gvt.Biti ,a smaller opposition is doing it bcoz in MdcT they dont think that far.Va Tsvangirai is supposed to come out wth such ,offer hope for citizens,but alas nudder.This 2018 election is "won" already, "lost " already.Its only the money that is still to be lost and won.But imagine Biti in MdcT pushing for these alternatives ,in MDCT. And Welshman .The management of MDCt would be very strong.

viola gwena - 9 December 2016

Biti yu must tell us where and how yu will get funding to stimulate revenue fro industry ,simple.Everything else will fall into place if farming,industry,mining and banking sector are strongly funded.Tell us Mr Forma finance minister.Nomore ghost workers in gvt but still no pay for civil servants.I wuld like yu also to comment on Solar Energy lotential on job creation .How will yu tender these projects for the benefit of workers.How do yu see banking sector playing a part.

viola gwena - 9 December 2016

Biti's party is the the only Opposition party we have in Zimbabwe. Talk of confused Tsvangirai who is totally lost and out of touch with reality. If MDC-T is serious lets them consider Biti back because he has the brain. Kwete zvemadhimoni ekudotito nebhowera aya. No brain at all utter rubbish, raggamuffin, mangoose

Jayesh - 9 December 2016

Biti's mistake was to oppose the popular Tsvangirai but in terms of ingenuity, not many in MDC-T can match him, even Tsvangirai. He might never win an election but that is Zim's loss. Even Bob himself acknowledged and appreciated his contribution during the GNU

Bob Tsvang - 9 December 2016

Relevance Seeker Indeed. Even zero grade pupils in Zimbabwe know what needs to be done, when and how. He should just shut up and save his failing breath.

Ndega Zvangu - 9 December 2016

PREPARING AND RECITING A POEM ABOUT ZIM IS OF NO CONSEQUENCE TO THE SUFFERING ZIMBABWEANS. NO WONDER WHY MDC HAS NOT DONE SO.

Ndega Zvangu - 9 December 2016

Post a comment

Readers are kindly requested to refrain from using abusive, vulgar, racist, tribalistic, sexist, discriminatory and hurtful language when posting their comments on the Daily News website.
Those who transgress this civilised etiquette will be barred from contributing to our online discussions.
- Editor

Your email address will not be shared.