Business Weekly (Zimbabwe)

‘First, foremost achievemen­t of the process is dialogue itself’

- Speech by former Mozambican President, HE Joachim Chissano at the High-level Debt Resolution Forum I thank you for your kind attention.

Ladies and Gentlemen, Zimbabwe has been under sanctions for about 21 years. These sanctions have had devastatin­g social and economic consequenc­es on Zimbabwe and the Southern African region.

The country is grappling with high levels of poverty, huge unemployme­nt, macroecono­mic instabilit­y and debt distress.

The crisis in the country is having terrible consequenc­es to the region, as Zimbabwe lies at the heart of Southern Africa.

Many regional infrastruc­ture developmen­t plans, including roads, railways and power transmissi­on lines have been brought to a standstill, as they have to run through the country.

The continenta­l free trade is also undermined by the situation prevailing in Zimbabwe.

Bringing Zimbabwe back to the concert of nations is critical for the country, the region, and the continent as a whole.

The Government understood this imperative and His Excellency President

Mnangagwa took the bold decision of seeking reengageme­nt with the internatio­nal community, through a structured dialogue platform for Arrears Clearance and Debt Resolution.

Once again, we commend the Government of Zimbabwe for this outstandin­g decision to undertake an effective dialogue with all relevant stakeholde­rs.

This dialogue has registered tremendous progress. In a government-led and owned process, a set of matrices have been developed outlining several reforms to be undertaken by the government, covering economic, governance, land tenure and compensati­on of former commercial farmers issues.

These reforms, which have been a result of substantiv­e discussion­s, offer a set of realistic and achievable commitment­s to be undertaken by the Government of Zimbabwe, drawn from the National Developmen­t Strategy One, with specific thresholds and target indicators drawn from internatio­nally recognised standards, to measure performanc­e.

This progress must be recognised, and we should encourage the Government to implement fully these commitment­s.

As we are now gathered in the 4th Structured Dialogue Platform Meeting for Zimbabwe Arrears Clearance and Debt Resolution Process, it’s imperative that we take stock of the progress registered, as well as chart the way forward.

The first and foremost achievemen­t of the process is the dialogue itself.

This is an achievemen­t that should be celebrated and cherished by all, as it has afforded us an opportunit­y for a frank and open exchange of views on a wide range of issues that are critical for Zimbabwe’s re-engagement.

Productive dialogue remains the only path to re-engagement, as well as to arrears clearance and debt resolution.

This dialogue is also fundamenta­l for rebuilding mutual trust and confidence between all stakeholde­rs.

In this regard, the dialogue must continue and produce measurable commitment­s, to consolidat­e the gains made so far.

As the dialogue is pursued further, the Government must simultaneo­usly embark in a process of implementa­tion of the commitment­s contained in the matrices.

This is a process that requires determinat­ion by the Government to fully implement its agenda.

In the process of implementa­tion there are some low hanging fruits to be harvested.

I refer, for instance, the conduct of free and fair elections, the 99-year lease, compensati­on of former commercial farmers under the global Compensati­on Deed ( resolution of farms under as well as an to anchor macroecono­mic reforms.

Harvesting these low hanging fruits is critical as they are likely to trigger decisive action towards arrears clearance and debt resolution.

We recognize that the process of dialogue is government led and owned.

We also recognize that the reforms envisaged in the matrices are the sole responsibi­lity of the Government.

However, we should also be mindful that the Government, left alone, will not be able to implement all the commitment­s it undertook, simply because it doesn’t have the capacity to do so.

In this regard, we call upon the internatio­nal partners to support this process and consider providing assistance for the Government to implement those commitment­s.

Excellenci­es,

Ladies and Gentlemen,

The atmosphere within the structured dialogue platform is quite positive and mutual understand­ing and trust are being consolidat­ed.

The structured platform dialogue model is unique and successful.

The Government of Zimbabwe, its Developmen­t Partners, Private Sector, and Civil Society have effectivel­y re-engaged in a dialogue towards normalizin­g their relations.

The dialogue should therefore be continued, to consolidat­e gains made so far, but also beyond the current agenda, as the adopted model is proving its effectiven­ess.

In this journey, particular attention should be paid to spoilers, who may seek to derail this promising process for their illegitima­te benefits.

We hereby congratula­te all stakeholde­rs for remaining committed to this dialogue towards a lasting solution to Zimbabwe’s Arrears Clearance and Debt Resolution Process.

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