Civil society network, Crisis in Zimbabwe Coalition, on Monday launched an alternative economic blue print - the Zimbabwe Social Market Agenda for Recovery and Transformation (Zimsmart), which it says is a pro-poor document designed to revive the country’s ailing economy.
The blueprint, which was launched at the Quill Club in Harare, addresses macro-economic fundamentals by proposing to enhance the fiscal space through adopting a sustainable debt strategy, re-prioritization of expenditure; restructuring state-owned enterprises and rationalization of the size and structure of the government.
The document that was presented by crisis director, Philan Zamchiya, also proposes tax reforms, promoting domestic investment, leveraging remittances from the diaspora, attracting foreign direct investment and re-engaging the international community.
For an analysis Studio 7 reached director, Rejoice Ngwenya of policy dialogue think tank, Coalition for Makert and Liberal Solutions, who said the document is well-crafted but implementation will be a challenge.
“It’s an absolutely exciting document that was written by individuals with a lot of passion and depth,” he said.
Zimbabwe has several economic blue prints including Zanu PF’s Zimbabwe Agenda for Social And Economic Transformation, which needs billions of dollars to implement.