18 January 2018
   
Soldiers deployed all over rural Zim: MDC-T
MDC-T’s Mudzuri begs ZCTU for support
Moyo claims CIO spy killed during coup
Activist wants ED, Chiwenga at Hague
Priscilla: Erection at 45 like winning lottery
Outrage as top soldier threatens 2008 terror
ED era to yield 'good things', says Pari
Man grows dagga to cure heart, caged 18mths
MORE NEWS
Bond notes here to stay, says Chinamasa
South Koreans in $70m Zim agro-project
MORE BUSINESS
Hubby bashes Star FM anchor in love row
$18/yr subscr too much for musicians
MORE SHOWBIZ
Caps bid to rehire star forward Nhivi
Mourinho says 'relaxed' about Sanchez
MORE SPORTS
A view beyond the Zimbabwe coup
'Shit-hole': Just Take moral high ground
MORE OPINION
 
Economy: the need for a paradigm shift
Trump rage ignores truth: A response
MORE COLUMNISTS
 
 

PDP: African Development Bank must be firm with Zimbabwe

16/11/2016 00:00:00
by Business Reporter
 
PDP National Spokes-person Jacob Mafume
 
RELATED STORIES

THE Board of the African Development Bank (AfDB) must insist that the Zimbabwe government implements specific reforms before bailing the country out, opposition People’s Democratic Party (PDP) has said.

Jacob Mafume, PDP national spokesperson, said the international community should stop believing that financial and technical support will steer the country towards positive growth and rule of law.

“In the past, we have consistently maintained that there is need for key reforms to be in place,2 he said in a statement this Tuesday.

“These reforms include; security of the tenure of land, the respect of the Constitution and the rule of law, media and electoral reforms and the repealing of the Indigenisation and Empowerment Act.”

PDP’s recommendation comes ahead of the AfDB board meeting on December 7 to consider the rollover of Zimbabwe’s debt from Pilar 11 funds.

Mafume said with an unproductively huge wage and chronic corruption, any assistance from international monetary institutions will only help to fortify Zimbabwe’s autocratic regime.

Zimbabwe is now losing 60 percent in every dollar to revenue leakages through corruption while almost 97 percent of government revenue is consumed by salaries.

“Given the above scenario, it will be wrong for the AfDB, African governments and the international partners in supporting this rogue regime.

“We therefore maintain that the AfDB must remove Zimbabwe from its agenda of its meeting on 7 December,” he said.

Mafume added, “Further, we ask that all the governments with a conscience must stand up to the brutal regime in Zimbabwe.

“We are totally sick of the efforts of the World Bank, the International Monetary Fund (IMF) and the AfDB of continuing to seek to help a rogue regime against the ordinary citizens.

He added: “This is our country and we know what is best for the country.

“What is best for our country is not to support the rogue regime but rather to support democratic change, democratic reforms and a sustainable Zimbabwe.”



Advertisement


 
Email this to a friend Printable Version Discuss This Story
Share this article:

Digg it

Del.icio.us

Reddit

Newsvine

Nowpublic

Stumbleupon

Face Book

Myspace

Fark

 
 
 
comments powered by Disqus
 
RSS NewsTicker