Zimbabwe cabinet adopts 100-day plan – PM

BULAWAYO – The Zimbabwean cabinet has adopted the 100-day Short Term Emergency Recovery Plan in its entirety, New Ziana reported on Wednesday.

Speaking at the National Economic Consultative forum at the Zimbabwe International Trade Fair (ZITF) in Bulawayo, the second largest city of the country, Prime Minister Morgan Tsvangirai said the actual implementation of the 100-Day Plan which commits every ministry to tangible and achievable targets had begun on Wednesday.

He said Zimbabwe had to demonstrate to the rest of the world that it could offer greater opportunities for economic prosperity, political stability and poverty alleviation.

He said efforts had begun to engage various stakeholders ready to assist the recovery program.

"Zimbabwe is part of the global economy and as such we are seeking to harness financial, technological and market opportunities. We have already started to build collaborative arrangements with private investors, international co-operating partners and financial institutions," he said.

The PM called for commitment to sound management of the national economy, urging partners and stakeholders to act with a single resolution to grow Zimbabwe’s economy and wealth, adding that cooperation was key.

"The government alone cannot do it. Labour alone cannot succeed. Zimbabwe’s economic stability requires access to foreign markets, finance, technologies, skills and ideas from key stakeholders working together as partners committed to our nation’s development," he said.

Zimbabwe, said Tsvangirai, was endowed with human and natural resources to create sufficient wealth for all its citizens irrespective of race, colour, tribe or creed.

The PM said corruption would not be tolerated. "Corruption will not be tolerated and those that engage in or promote corruption will be actively sought and prosecuted by this government," he said.

"All foreign direct investment will be given the necessary courtesies and treated with professionalism at all times but based on the rules and regulations governing such investment," he said adding "new partners will be sought and old partnerships intensified."

The 50th edition of the Zimbabwe International Trade Fair has attracted 10 international countries that include China, Indonesia, South Africa and Namibia.