Gono pleads with donors

Shakeman Mugari

RESERVE Bank of Zimbabwe (RBZ) governor Gideon Gono this week begged donors and investors to help Zimbabwe out of the current economic morass.



ial, Helvetica, sans-serif”>Speaking at the African Policy Institutes Forum (APIF) organised by the African Capacity Building Foundation this week (ACBF), Gono diverted from his core mission of welcoming the delegates and extended his begging bowel to the donors attending the conference.


“…I make an appeal to new and existing investors, as well as the donor community to put our differences of yesteryear aside and constructively work together,” Gono implored.


He said investors must realise that Zimbabwe had already suffered self-induced pain and now needed external support to complete what he called an “economic rebound”.


“I would be the happiest person if you all who are gathered here take the message of hope and invitation to your countries and look forward to a successful rebound of the Zimbabwean economy in 2005,” said Gono.

Gono also admitted Zimbabwe’s “homegrown” recovery would fail without financial support from the donor and international community.


In an apparent departure from the government’s “go it alone” policy, Gono told the delegates that Zimbabwe still required urgent support from international financiers.


“Our homegrown programmes can only go so far and require the extra support from the international community in order to consolidate the benefits made so far.”


Gono’s statements, however, seem to have been targeted at the senior officials from the International Monetary Fund (IMF) and World Bank who attended the meeting. Some senior Western diplomats also attended the meeting.

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