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*Chamisa Comments On Mid-term Budget Review [Full Thread]*

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CCC leader Nelson Chamisa says the mid-term budget review presented last week by the Minister of Finance and Economic Development, Mthuli Ncube, shows that the country has a serious leadership crisis.

Posting on Twitter, Chamisa outlined some of the measures that the government should implement to alleviate the citizens’ suffering.

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The measures include dollarisation, restoration of civil servants’ pre-October 2018 US$540 salaries and the elimination of the RBZ forex auction, among other things. Wrote Chamisa:

> 1/12 The recent MID TERM BUDGET review confirms that Zimbabwe is in a serious leadership crisis and citizens are exposed to extreme poverty and suffering. I say this for the following reasons:

> 2/12 At a time when inflation has reached 257% in July and people in extreme poverty are 7.9 million (49%), the budget disbursements to social are extremely low, e.g., the ministry of health has been given 27% of the budget by June instead of a min of 50%.

> 3/12 When the consumer basket for a family of 5 has topped ZWL$140K, the government raises the salary of the lowest paid civil servants to $35K (excluding the US$175) and raises the tax-free threshold to $50K, both of which are far below the consumer basket & poverty datum line;

> 4/12 There is just unrestrained indiscipline in govt upon rampant galloping corruption. The condonation of ZWL$107 billion for the 2020 & 2019 fiscal years is testimony to this. The govt has created distortions in the foreign currency markets & now gold coins, the havens for corruption.

> 5/12 We face a major economic collapse and prospects of the bleakest Christmas season this year. USD: RTGS is now at 1:approx 800. The leadership failure is dramatic, gigantic and encyclopedic.

> 6/12 The following must be done immediately: a)Dollarisation which will immediately eliminate distortions, forward pricing and multiple pricing; b)Restoration of the US$540 as a starting salary;

> 7/12 c)Holistic tax reform. Reduce the tax burden on citizens and the business in general. As part of the tax reforms, we will remove the 2% tax and streamline taxes; d)Remove distortions esp in the agricultural sector and construction sectors which have created a casino economy.

> 8/12 e)The elimination of the Currency Auction and reforming the RBZ through limiting the power of the central bank. Separating the roles of central banking and financial services supervision.

> 9/12 f)Reforming the budgetary process so that the budget comes from parliament and not from the Ministry of Finance. The budget must come from the Citizens -a Citizens-centered budget.

> 10/12 g)Radically dealing with the corruption pandemic and instituting special mechanisms to eliminate and punish the corrupt.

> 11/12 h)Holding credible, free and fair elections preceded by a comprehensive pact on electoral reforms.

> 12/12 i) Only a leadership change will rescue our beautiful country and in no time turn and transform this Zimbabwe from ruins to greatness. We are new leaders.

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