Page 16 - Transitional Stabilisation Programme News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Prof. Mthuli Ncube IN October 2018, the Government adopted the Transitional Stabilisation Programme (TSP) as its working economic document setting the tone and pace of pursuing economic reforms as it moved to stabilise the country’s economy. By Vincent Gono The economic blueprint was given a two-year term and expires this month-end paving the way for the already launched National Development Strategy 1 (NDS1). This is a pointer to the step by step reconstruction of the national economy and a show of political will in achieving the country’s upper middle-income economy vision by 2030. The ...

Taarifa Rwanda Published 3 months ago 0share President Emmerson Mnangagwa on Friday introduced Performance contracts, a new system where those managing the public service are now expected to perform to defined areas in line with key reforms for the public sector. Permanent secretaries of Government ministries yesterday signed performance contracts for next year. In total, permanent secretaries from the 21 ministries signed the tough performance contract. According to President Mnangagwa the launch of performance contracts was a historic milestone coming on the backdrop of the success of th...

What’s new? As Zimbabwe’s political and economic crises worsen, South Africa is moving beyond its policy of “quiet diplomacy” with its northern neighbour and applying more pressure on Harare to open up political space and reform its economy. Why does it matter? With Zimbabwe’s people slipping further into destitution, crackdowns fostering a growing sense of grievance within the opposition, and political divisions pitting ruling-party members against one another, the country could tip into even greater crisis through mass unrest or another coup. What should be done? Pretoria s...

Keep up development momentum: President Fungi Kwaramba Political Editor AS the year draws to an end, President Mnangagwa has urged Zimbabweans to keep the momentum alive in spearheading infrastructural development and economic stabilisation as the country prepares for the successful implementation of the National Development Strategy 1 (NDS1) next year. Address the 347th Ordinary Session of the Politburo at Zanu PF Headquarters yesterday, the President said the country must consolidate the gains of the Transitional Stabilisation Programme (TSP), which has in the past two years managed to stab...

Exports, forex reserves impressive: RBZ Senior Business Reporter THE exponential rise in foreign currency account (FCA) holdings to US$1,1 billion and strong export performance this year are evidence that the economy is now on sound footing for sustained recovery and growth. This was said by Reserve Bank of Zimbabwe (RBZ) governor Dr John Mangudya in an interview yesterday, pointing out that forex receipts went up by 18,2 percent to US$5,8 billion in the 12 months to November 2020. Dr Mangudya attributed the significant growth in foreign currency nostro balances to improvement in exports, inc...