Sunday News (Zimbabwe)

UK legislator pushes for Zim financial package

-

economic and political reforms by Harare.

He also asked the British Government to weigh the option of collaborat­ing with the European Union and the United States to tie up a financial package for Harare modelled along the post-World War II Marshal Plan.

The Marshal Plan, also known as the European Recovery Programme (ERP), was a US-funded reconstruc­tion bailout handed to Western Europe following the World War 2 devastatio­n.

A brainchild of then US Secretary of State George Marshall, after whom it was named, it provided more than US$15 billion to help finance rebuilding efforts in the EU. Authoritie­s in Harare say they welcome such a package, as long as it does not compromise national interests.

Posing a question during last week’s Question and Answer session in the House of Lords, Lord Oates asked for a similar reconstruc­tion programme for Zimbabwe, which is tied to specified reform criteria. Acknowledg­ing the impact of climate change on Zimbabwe’s food security and general state of the economy, Lord Oates said London should consider facilitati­ng a bailout for Zimbabwe.

“Will the Government, therefore, work with our European and other internatio­nal partners to agree on an economic rescue package — a Marshall plan — that would be made available to any Zimbabwean Government who met specified criteria.”

Responding to the question, deputy leader of the House, Frederick Richard Penn Curzon — Lord Howe — also acknowledg­ed the need for such a bailout.

“My Lords, I acknowledg­e the noble Lord’s long-standing and close interest in Zimbabwe and its people, and I agree that we must continue to give hope and encouragem­ent to all those who want to see genuine political and economic change in Zimbabwe.”

Contributi­ng to the debate, David Howell, Baron Howell of Guildford, asked his Government to investigat­e how sanctions imposed by the EU and the US are “making the food situation even worse” in Zimbabwe.

“Could my noble friend say a little more about the workings of EU and American sanctions, which, as the noble Lord, Lord Collins, just pointed out, are being increased at the moment?,” asked Lord Howell.

“I know the intention is that they should hit entities and officials, and maybe they are doing so, but there are suggestion­s that one outcome is that this is making the food situation even worse for many innocent people.

“Can he explain how sanctions are working and whether we are satisfied with how they are operating?”

In response, Lord Howe said the UK would review its position on sanctionin­g Zimbabwe at the end of the year. The developmen­t comes as Government is accelerati­ng the implementa­tion of

political and electoral legislativ­e reforms, to further entrench democracy and personal freedoms.

An Inter-Ministeria­l Taskforce on Political, Electoral and Legislativ­e Reforms set up last year and chaired by Justice, Legal and Parliament­ary Affairs Minister Ziyambi Ziyambi is fast-tracking sweeping legislativ­e changes to replace laws considered repressive or antibusine­ss in an audacious bid by authoritie­s to entrench democracy and a businessfr­iendly environmen­t.

Most of the new laws are expected to be either in place or before Parliament by June. Foreign Affairs and Internatio­nal Trade Deputy Minister David Musabayana told our Harare Bureau that there was a growing constituen­cy within the British establishm­ent that is open to normalisin­g relations with Zimbabwe.

Newspapers in English

Newspapers from Zimbabwe