HARARE - Government's economic blue print, Zimbabwe Agenda for sustainable socio-economic transformation (ZimAsset), must be practical if the country is to attract meaningful funding, industrialists say.
Former Confederation of Zimbabwe Industries (CZI) president, Callisto Jokonya, yesterday told a ZimAsset workshop in the capital that “without funding, goals set by the ambitious economic roadmap will remain a pipe dream”.
“As it stands it will be difficult to attract funding because people will not invest their money where they know it’s not secure,” he said, adding “if we try to reduce ZimAsset to projects then we will be able to get funding from international moneylenders.”
This comes as the country’s previous economic blue prints such as the Medium Term Plan (MTP) failed to achieve set goals due to lack of funding from the international community owing to Zimbabwe’s high political risk status and policy inconsistencies.
The MTP — a comprehensive economic blue print was launched in 2011.