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Statecraft

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Submitted By mufaro
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Mardy Fish handed first-round loss

South Africa’s Eskom considers power imports from Mozambique

What Zim-Asset has achieved so far
July 30, 2015 Business

Business Editor
WITH the Zimbabwe Agenda for Sustainable Socio-Economic Transformation (Zim-Asset) now due for mid-term review, keen interest surrounds its implementation and possible outcomes.
Anchored on four strategic clusters — value addition and beneficiation, infrastructure and utilities, food security and nutrition, social services and poverty eradication — the five-year development policy is premised on leveraging the country’s natural resources to achieve economic growth through empowerment of ordinary Zimbabweans.

An average of 7,3 percent growth target and creation of about two million jobs is to be achieved within the period. Zimbabweans are pinning their hopes on the anticipated turn around, seeking answers on progress made so far.

Finance and Economic Development Minister Patrick Chinamasa shares some of the achievements made towards meeting the ideals of the national blue-print. While insisting the economy is on the right path towards recovery, he also captures highlights on progress from mega deals signed between Zimbabwe, China and Russia recently.

“As you may all be aware, the Zim-Asset framework covers a number of issues across well defined clusters. We need reliable infrastructure and a strong production base in order to achieve sustainable development,” he told Parliament last week.

“Further, confidence in the financial services sector is central to the achievement of Zim-Asset goals. The financial system plays an important intermediary role that involves mobilising domestic resources and efficiently channelling them into productive activities. Financial sector confidence is enhanced when the Central Bank is empowered to play its proper role.”

Implementation of mega

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