Monday, February 23, 2009

Biti's RBZ criticism good politics but bad policy

By Kuthula Matshazi

Posted to the web: 18/02/2009 23:24:11 NewZimbabwe.com

FINANCE Minister Tendai Biti was recently quoted in the media apportioning blame to the Reserve Bank of Zimbabwe for the country’s economic problems. He vowed that he would reduce its role to a minimum.
At a time when Biti’s MDC party has joined an inclusive government, it wants to make a mark by announcing policies that would seem to be different from those of Zanu PF. Many, including Biti who subscribe to the lasseiz faire economic doctrine, argue that Zanu PF’s “big government” and the RBZ’s quasi-fiscal operations were responsible for leading the country to an economic depression. More...


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