FACTSHEET: Mnangagwa’s economic promises

President Emmerson Mnangagwa

ON the 18th of September 2018, President Emmerson Mnangagwa officially opened the first session of the 9th Parliament, following the July 30 general election.

Here are some of the issues Mnangagwa promised to address during his first full term:

  • Zimbabwe to be a Middle Income Economy with a per capita income of USD3 500, increased investment, decent jobs, broad based empowerment by 2030
  • Put in place comprehensive plans to expedite the desired outcome towards the external debt arrears clearance strategy, under the LIMA Plan
  • Review of Bilateral Investment Promotion and Protection Agreements to promote investments from across the world.
  • Stabilization of the macro- economic environment
  • Creation of fiscal space
  • Currency reforms and enhancing foreign currency availability
  • Improving liquidity
  • Increasing the country’s investment attractiveness
  • Reduction of the budget deficit
  • Ensuring gradual growth of all sectors of our economy.
  • To meet the growing demand for foreign currency by business and the public in general
  • Committed to ease pressure on the manufacturing sector through increased foreign currency disbursements

However, most of the promises that Mnangagwa made in his address did not have timelines on when they will be fulfilled.

Factsheet compiled by ZimFact staff




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