Zimbabwe on a re-engagement drive

By Gift Mashoko

In a bid to revive Zimbabwe’s economy, Minister of Finance and Economic Development, Professor Mthuli Ncube is on a re-engagement drive with the International community.

Minister Ncube is representing Zimbabwe at the European Parliament to the European Conservatives and Reformists Group (ECR Group). Zimbabwe has for the first time been invited a development that points to the success of Zimbabwe’s international reengagement as Europe buys into the country’s economic reform agenda.

Speaking at the ECR Group, Minister Ncube highlighted that Zimbabwe has opened its arms to the world.

“The Zimbabwean economy faces a raft of serious challenges, including a high budget deficit and significant debt and currency challenges. These challenges we cannot face alone.

“While these challenges are significant, with major structural reform, they are not insurmountable. We must open our arms to the International Community, International investors and International financial organisations,” he said.

Professor Ncube had a meeting with Deputy Prime Minister of Belgium, Honourable Kris Peeters, where they discussed on economic reforms and development of Zimbabwe.

Honourable Peeters tweeted, “Warm exchange with Zimbabwean Minister of Finance Mthuli Ncube. Discussion on economic reforms and development of Zimbabwe, investment climate and export of rough diamonds to Antwerp. A Belgian economic mission will take place later this month.”

Minister Ncube highlighted that the future is bright for Zimbabwe and is positive with dialogue and cooperation. Whilst in Europe, he also met with British member and leader of the Conservatives in the European Parliament, Ashley Fox and Chairman of the European Conservatives and Reformist Groups (ECR), Honourable Syed Kamall.

Prof Ncube is expected to harvest economic deals with the host country. On the other hand, President Emmerson Mnangagwa is also to visit five Asian countries where he is expected to bring a bagful of mega deals that are expected to extricate the country from the economic challenges it is currently in.