Sanctions won’t derail us from our economic growth agenda – President Mnangagwa

by | Oct 30, 2021 | Local News, Politics | 0 comments

 

Hosia Mviringi

Zimbabwe, United under the ZANU PF government will continue to forge ahead with its ambitious development programme targeted at attaining the status of an empowered inclusive Upper Middle Income Economy by 2030.

This was the strong message of assurance to the nation by President Emmerson Mnangagwa when he addressed the opening session of the ZANU PF Annual People’s Conference in Bindura yesterday.

“However, despite of the adversity of these illegal sanctions, our country under a ZANU PF led government will continue to forge ahead in unity to attain the status of a Prosperous and Empowered Upper Middle Income country,” President Mnangagwa said.

President Mnangagwa said Zimbabwe is unapologetic for undertaking deliberate developmental programs targeted at growing the economy and improving people’s livelihoods.

He reiterated Government commitment to seek alternative ways to build the country’s economy through a combination of pursuing new partnerships with friendly nations and efficient use of locally generated resources.

“We have taken deliberate and unapologetic steps towards improving the lives of all Zimbabweans, and rebuilding our country brick by brick, Stone upon stone, informed by the mantra. Nyika inovakwa navene vayo! (A nation is built by it’s own people),” said President Mnangagwa.

Zimbabwe has experienced rare locally-driven economic growth, spurred particularly by increased government expenditure in infrastructure projects around the country.

Efficient mobilisation and deployment of resources to critical development sectors has seen Zimbabwe achieve remarkable economic growth this year with IMF revised growth estimated at 7.8 percent.

This puts Zimbabwe ahead of all economies in SADC and Africa on projected economic growth despite challenges posed by the prolonged Covid-19 induced lockdowns.

Under the leadership of President Mnangagwa Zimbabwe has excelled in many areas such as agriculture and infrastructure development in areas of water provision and irrigation development.

New roads are being built while local roads in urban centres are being rehabilitated.
Zimbabwe has done tremendously well becoming a Covid-19 vaccine acquisition and rollouy leader in Africa.

The feat was achieved without foreign funding, using strictly local resources and a few donations from our all weather friends.

Through targeted government interventions in agriculture Zimbabwe attained staple grain surplus for the first time in the 2020/21 farming season.

The above points to a strong economic performance by a country fighting obstacles thrown its way by adversarial nations.