The IMF says the Zimbabwe economy is mending, according to reports. The government says its revenues have grown exponentially over the past six months: from a paltry $6 million to about $70 million. Now that's progress of sorts. We are not told what has been fueling this growth. Is it from excise duty on beer and cigarettes which were identified as the major sources of revenue a few months ago or has the government found other sources of income? As long as these revenues are being raised from increasing economic activity within Zimbabwe, that has got to be good news: after all, where else can the economy go but up?
What confounds some of us are the priorities of our supposedly cash-strapped government, one of which is to buy trucks for members of parliament so that they can go back to the rural areas and parade them at shrinking points. Just what is it that these MPs are supposed to be doing with these trucks in an environment where there is virtually no money for the government to spend on capital expenditure or infrastructural initiatives? What can an MP deliver under these difficult circumstances except endless meetings where unfulfillable promises are made to unsuspecting villagers who have probably been distracted from doing more worthwhile activities?
Monday, July 6, 2009
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