RBZ officials call for new economic order

RBZ officials call for new economic order
Published: 02 November 2017 (573 Views)
Zimbabwe should consider changing its model of running the economy to ensure higher growth outcomes, senior central bank officials have said.

Jesimen Chipika Chipika, deputy governor of the Reserve Bank of Zimbabwe, said the country should move away from colonial era models of running the economy where Zimbabwe has been relying on few lines of products to export and diversity.

She indicated that macro-economic implications have shown that more diversified economies in terms of production and export structure are associated with higher growth outcomes.

Zimbabwe is currently grappling with a worsened liquidity crunch and an International Monetary Fund (IMF) report this week said the country's external position remained precarious. It said the country was in debt distress.

- Daily News

Tags: RBZ, Order, Economic,
 0

You May Like These Videos

Comments

There are no comments.

Latest stories

Approachable presidency, the panacea to national engagement

by Chigumbu Warikandwa | 16 January 2018 | 56 Views

Mugabe regretted firing Mnangagwa

by Staff reporter | 16 January 2018 | 159 Views

Haulage trucks prove to be dangerous on Zimbabwe roads

by Stephen Jakes | 16 January 2018 | 107 Views

'Criminal elements' around Tsvangirai should be removed

by Don Chigumba | 16 January 2018 | 93 Views

Zanu PF, MDC-T urged to investigate operations of Employment council

by Stephen Jakes | 16 January 2018 | 72 Views

Zanu-PF running scared in Mberengwa

by Staff Reporter | 16 January 2018 | 67 Views

Zifa cancels EGM?

by Staff reporter | 16 January 2018 | 51 Views

Bulawayo vendors blasts city council over harassment

by Stephen Jakes | 16 January 2018 | 44 Views

Open letter to Mrs Mnangagwa

by Gift Phiri | 16 January 2018 | 132 Views

Zanu-PF must pursue politics of the brain

by Staff reporter | 16 January 2018 | 45 Views

We must stop this culture of bootlicking

by Stephen Jakes | 16 January 2018 | 82 Views

There is not a moment to be lost

by Tapson Muchena | 16 January 2018 | 39 Views

Drama as sex workers fill up court,

by Simbarashe Sithole | 16 January 2018 | 108 Views

Zimbabweans in Namibia 'pay to see Mnangagwa'

by BBC | 16 January 2018 | 77 Views

'Gen Valerio Sibanda is a professional soldier'

by Staff reporter | 16 January 2018 | 225 Views

Mujuru not getting any pension from govt

by Staff reporter | 16 January 2018 | 137 Views

Mnangagwa denies stealing from MDC-T

by Staff reporter | 16 January 2018 | 125 Views

Monkey terror

by Staff reporter | 16 January 2018 | 149 Views

Whizzkid scores 20 points at A-Level

by Staff reporter | 16 January 2018 | 186 Views

Mnangagwa's China visit set for April

by Staff reporter | 16 January 2018 | 58 Views

US firm gets Zimbabwe BVR tender

by Staff reporter | 16 January 2018 | 98 Views

Govt revives Zimbabwe-Zambia railway line plans

by Staff reporter | 16 January 2018 | 72 Views

'Mnangagwa to soon roll out peace, reconciliation process'

by Staff reporter | 16 January 2018 | 64 Views

Businesswoman loses $60 000 goods to security guard

by Staff reporter | 16 January 2018 | 74 Views

5 up for $37,000 armed robbery

by Staff reporter | 16 January 2018 | 71 Views

Mahomed Mussa denies cash stashing allegations

by Staff reporter | 16 January 2018 | 107 Views

Mnangagwa says millions in externalised funds flow back to Zimbabwe

by Staff reporter | 16 January 2018 | 95 Views

'No victimisation in corruption arrests,' claims Charamba

by Staff reporter | 16 January 2018 | 72 Views

Civil servants January pay dates out

by Staff reporter | 16 January 2018 | 82 Views

ZRP regularly conduct lifestyle audits

by Staff reporter | 16 January 2018 | 71 Views

Man chops rival suitor's fingers with a machete

by Staff reporter | 16 January 2018 | 60 Views

Man pays lobola, kills wife 2 days later

by Staff reporter | 16 January 2018 | 145 Views

Tsvangirai illness throws MDC Alliance campaign off track

by Staff reporter | 16 January 2018 | 39 Views

Madinda assembles young squad

by Staff reporter | 16 January 2018 | 31 Views

Zimbabwe won't progress without resolving Gukurahundi issue

by Staff reporter | 16 January 2018 | 28 Views

Mugabe's 'obedient son' warns G40 mercenaries

by Staff reporter | 16 January 2018 | 61 Views

'Chiefs to spearhead Gukurahundi issue'

by Staff reporter | 16 January 2018 | 36 Views

Mugabe to be grilled over missing $15 billion

by Staff reporter | 16 January 2018 | 118 Views