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Biti Says Zanu PF Unable to Rescue Crumbling Economy


Former Finance Minister Tendai Biti

Former Finance Minister Tendai Biti

The Movement for Democratic Change (MDC) renewal team defacto leader, Tendai Biti, says President Robert Mugabe and his ruling Zanu-PF party have no capacity to rescue the economy from sliding further into recession.

Biti says the only solution to Zimbabwe’s economic problems is adopting Greece’s template of hiring technocrats to address the economic crisis.

After six straight years of recession that has reduced the economy by about a quarter of its size and driven unemployment to a record of nearly 28 percent, Greece's economy is expected to begin a long road to recovery this year.

Biti tells VOA Studio 7 Zimbabwe needs more than politicians to fix the economic crisis.On Friday we will be talking with Mavambo Kusile Dawn Party leader Simba Makoni.

He says Zimbabwe’s problems lie squarely on President Robert Mugabe who is a populist not willing to take tough decisions on issues that seriously affect Zimbabwe.

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