HARARE, ZIMBABWE – Since taking office, President Emmerson Mnangagwa’s administration has made significant strides in transforming Zimbabwe’s economy and society. Despite facing numerous challenges, the government has implemented various reforms and initiatives aimed at promoting economic growth, improving living standards, and enhancing the country’s global reputation.
CUTTING UNNECESSARY EXPENDITURE
In a bold move, the government has passed a responsible budget that cuts unnecessary expenditure, including luxuries previously enjoyed by high-ranking public officials. This move has freed up resources for more pressing needs and demonstrated the administration’s commitment to fiscal discipline.
REFORM OF INDIGENIZATION LAW
The new administration has scaled down the indigenization law, making it only applicable to investments in diamond and platinum mining. This move has sent a clear message to investors, signaling Zimbabwe’s openness to foreign direct investment and its desire to promote economic growth.
ZERO TOLERANCE APPROACH TO CORRUPTION
The government has taken a strong stance against corruption, instituting a three-month amnesty to recover stolen funds, mandating all cabinet ministers to declare assets, and establishing dedicated anti-corruption courts in all provinces. This zero-tolerance approach has shown that the administration is serious about tackling corruption and promoting good governance.
HEALTHCARE FOR VULNERABLE GROUPS
In a move aimed at protecting the most vulnerable members of society, the government has directed all public health institutions to scrap treatment fees for children under the age of five, pregnant women, and senior citizens above 65 years. This initiative has ensured that essential healthcare services are accessible to those who need them most.
MOBILE MONEY REFORMS
The government has facilitated greater use of mobile money to combat the cash crisis and cut excise duty on petrol, resulting in reduced fuel prices. This move has promoted financial inclusion and made essential services more affordable for the average citizen.
INFRASTRUCTURE REHABILITATION AND UPGRADE
Zimbabwe has made significant strides in rehabilitating and upgrading its infrastructure, including the ongoing Harare-Beitbridge highway project. This critical transportation artery connects Zimbabwe to its neighbors and the region’s main ports, promoting trade and economic growth.
DAM CONSTRUCTION
Dam construction remains a critical component of Zimbabwe’s development strategy, aimed at boosting national food security and production of agricultural raw materials. This initiative has the potential to transform the country’s agricultural sector and promote economic growth.
AGRICULTURAL PROGRAMS
The government has launched several programs aimed at boosting crop and livestock production, promoting agricultural growth, and enhancing food security. These initiatives have empowered farmers and contributed to the country’s economic development.
NEW ECONOMIC BLUEPRINT
The government has launched a new five-year economic blueprint aimed at achieving an economic growth rate of five percent per annum. This ambitious plan seeks to catapult Zimbabwe into an upper-middle-income economy by 2030, transforming the country’s economic landscape.
DEVOLUTION AND DECENTRALIZATION POLICY
The devolution and decentralization policy has been launched to promote development in the country’s 10 provinces. This initiative has empowered local communities, promoted regional development, and enhanced the delivery of essential services.
FOREIGN CURRENCY EXCHANGE MARKET
The introduction of the foreign currency exchange market has brought exchange rate stability and slowed down price increases. This move has promoted economic stability and enhanced the country’s investment climate.
TECHNOLOGY ADOPTION
The country has increased its adoption of technology in doing business, although there is still a need to deepen and broaden the deployment of technology in the public sector. This move has promoted efficiency, transparency, and accountability in government services.
ENERGY SECTOR PROGRESS
Progress has been made in the energy sector, with new projects being implemented to achieve energy self-sufficiency and become a net exporter by 2023. This initiative has the potential to transform Zimbabwe’s energy landscape and promote economic growth.
In conclusion, President Mnangagwa’s administration has made significant progress in transforming Zimbabwe’s economy and society. Despite the challenges, the government has demonstrated its commitment to promoting economic growth, improving living standards, and enhancing the country’s global reputation. As the country moves forward, it is essential to build on these achievements and continue working towards a brighter future for all Zimbabweans.
