Govt urged to es­tab­lish eco­nomic coun­cil

Chronicle (Zimbabwe) - - Front Page -

“This will also elim­i­nate all el­e­ments of sur­prises, and un­cer­tain­ties in the im­ple­men­ta­tion of its first 100-day pro­gramme. The na­tional eco­nomic coun­cil can be ef­fec­tively de­ployed to re­con­struct the much needed pub­lic con­fi­dence on Govern­ment poli­cies and pro­grammes.”

Dr Moyo said the eco­nomic plat­form will ad­dress mis­trust be­tween Govern­ment and its stake­hold­ers while propos­ing ways of ad­dress­ing prob­lem­atic is­sues such as cor­rup­tion. He said it was pleas­ing to note that Fi­nance and Eco­nomic Devel­op­ment Min­is­ter, Pro­fes­sor Mthuli Ncube, has promised to en­gage eco­nomic play­ers be­fore an­nounc­ing the pol­icy di­rec­tion, which the coun­try should take.

In­dus­try and Com­merce Min­is­ter Nqo­bizitha Ndlovu has also promised to en­gage stake­hold­ers on the route his min­istry should take. As such, Dr Moyo said by for­mal­is­ing the na­tional eco­nomic coun­cil, Govern­ment will be best placed to tap into such plat­forms as they have suc­cess­fully worked else­where.

“Those who are ob­serv­ing the global eco­nomic gov­er­nance would know that most emerg­ing and re-emerg­ing economies of the Global South in­clud­ing Ghana, Tanzania and South Africa have es­tab­lished spa­ces and plat­forms for en­gag­ing and tap­ping from the their do­mes­tic eco­nomic play­ers, ex­perts , pro­fes­sion­als and cit­i­zens,” he said.

“Zim­babwe is bet­ter ad­vised to learn from the re­gional and in­ter­na­tional best prac­tices. For in­stance, poli­cies such as the in­tro­duc­tion of a new cur­rency regime, de­vo­lu­tion of power and di­as­pora poli­cies will need com­mer­cial diplo­macy as well as to­tal buy-in by all stake­hold­ers. With­out con­sul­ta­tion even the best poli­cies can boomerang.” — @nqot­shili

Newspapers in English

Newspapers from Zimbabwe

© PressReader. All rights reserved.