by Dorcas Rumano
Zimbabweans from all walks of life have welcomed and commended the Minister of Finance and Economic Development, Professor Mthuli Ncube on his vision of restoring confidence on the Zimbabwean currency and the economy at large during an interview held between him and Bloomberg Africa at the 73rd Session of United Nations General Assembly (UNGA) summit in New York.
The Finance Minister said at the moment Zimbabwe is in a multicurrency regime which is anchored on the US dollar and over time, it will move back to a domestic currency, but that requires fulfilment of certain steps around fiscal consolidation on the Government expenditure and the revenue front and also monetary policy consolidation in terms of the building blocks for full monetary policy but also in engaging international partners in terms of clearing arrears of our international debt.
Commenting on Professor Ncube’s remarks on the restoration of the Zimbabwean currency, one netizen, @SnrCollen hailed the Finance Minister saying he is moving in the right direction and only needs time to implement the vision.
“Wow he knows his stuff. Let’s give him the space to implement. We remain hopeful,” said @SnrCollen.
Moses Moyo @MosesMo25208403 said, “It feels good to be Zimbabwean, am confident the economy will be great again.”
Another netizen @Manga-Sawa hailed the appointment of Prof Ncube by saying; “ED appointed a man who knows what he is doing, we are fully behind his efforts to revive our economy”.
Professor Ncube is currently attending the United Nations General Assembly summit, together with President Emmerson Mnangagwa and the Reserve Bank of Zimbabwe Governor, Dr John Mangudya, among other senior Government officials.
