HomeLettersZim needs economic paradigm shift

Zim needs economic paradigm shift

DEPUTY Prime Minister Arthur Mutambara must be a frustrated man. His agenda of Public Private Partnerships or Private Finance Initiative, early in his deputy premiership seemed likely to deliver liquidity, jobs and economic growth. But it became quite obvious early on that his was not a shared goal.
The majority of the political class, including some in his own party, want power sometimes for its own sake. A look at nations in the Far East shows that the Chinese Communist Party has a 25-member politburo for a country of one billion three hundred million people.  Compare that to Zanu PF’s 49-plus member body in a country of 12 million.

And the cabinet equivalent in China is a nine-member standing committee that comprises of engineers overseeing a budget of over US$6 trillion. Compare that to our bloated cabinet with a US$3 billion budget.

This modus operandi has lifted more than 300 million people out of poverty and will launch China to become the world’s biggest economy by 2025. Mutambara, therefore, has a point in arguing that Zimbabwe needs first-rate technocrats, or politicians with a technocratic disposition, to run the country.

The Copac constitution-making exercise should have arrested this trend by severely limiting the size of cabinet and define clearly and in detail the competencies expected of ministers. But clearly Copac had other ideas.

The cost of the enlarged parliament, when the current legislature has to pass the hat around the donor community to fund its activities, will drive yet another nail into the overburdened economy.



Recent Posts

Stories you will enjoy

Recommended reading