News of the South HARARE – Finance Minister Mthuli Ncube turns out to be the biggest flip flopper, he is an ingredient to the administration’s failure to build confidence domestically and internationally, the MDC has said.
In a statement, MDC National Spokesperson Jacob Mafume said they have repeatedly made a point that the hallmark of a functional modern economy is that of policy clarity and consistency yet in just under six months, Mthuli has made major policy announcements and then reversed them, with some reversed within days creating “worrying trend and a continuation of the old order.”
“Before his appointment, he made a pledge that he would jettison the bond note and promised to deal with the issue within the first three months of his tenure.
“He then reversed his statement implying that the surrogate currency will stay – a shocking U-turn which otherwise exposed his misunderstanding of state craft,” Mafume said.
He went on to accuse the minister for being weak saying he has since backtracked from this position owing to pressure from Zanu PF hardliners.
“Such kind of weakness is not ideal for a Zimbabwean Finance Minister, a man who should be at the centre of arresting expenditure when the appetite to spend is high.
“A few days ago Mthuli told the nation he had released $60 Million to deal with the fuel crisis which is in contrast to the previous government announcement that millions of liters had been secured, which are only going to be paid for after a year,” he said.
Mafume called this a policy discord which does not help improve the profile of the nation especially the image of the administration.
MDC’s complaints came at a time when prices of basic commodities have gone up and there is a massive fuel crisis in the country.
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