Moyo admits ZimAsset failure

Moyo admits ZimAsset failure
Published: 31 July 2015 (988 Views)

Simon Khaya Moyo Economic Planning minister has conceded that Zanu-PF's much-touted antidote to the economic collapse the Zimbabwe Agenda for Sustainable Socio-Economic Transformation (ZimAsset) has missed most of its targets.

Speaking at the Small and Medium Enterprises and Co-operative Investment Expo in Harare on Tuesday, Khaya Moyo said economic growth targets had fallen short since the launch of ZimAsset in 2013.

This is the first time Zanu-PF has admitted that its economic blueprint has suffered the same fate of its predecessors in failing to stimulate economic development.

Zimbabwe is currently experiencing a serious economic downturn that has resulted in massive company closures and job losses, despite Zanu-PF promising in its 2013 electoral campaign that it would create over two million jobs.

- newsday

Tags: ZimAsset, Moyo,
 0

You May Like These Videos

Comments

There are no comments.

Latest stories

PHOTOS: Job Sikhala becomes an instant internet joke

by Social media | 03 October 2019 | 231 Views

America says it is worried about Zimbabwe

by Mandla Ndlovu | 03 October 2019 | 259 Views

Madinda Ndlovu to be discharged tomorrow

by Staff reporter | 03 October 2019 | 180 Views

What are behavioral disorders and how can they be managed?

by Temba Munsaka | 03 October 2019 | 174 Views

Government speaks on Robert Mugabe's body parts

by Mandla Ndlovu | 03 October 2019 | 275 Views

Zacc recovers $100m property from looters

by Staff reporter | 03 October 2019 | 175 Views

WATCH: Mnangagwa apologises for destroying Zimbabwe satire

by Mandla Ndlovu | 03 October 2019 | 168 Views

Mphoko's application for release of passport dismissed

by Staff reporter | 03 October 2019 | 139 Views

Zanu-PF restructuring exercise begins

by Staff reporter | 03 October 2019 | 136 Views

Petrotrade declares $1.5 million dividend

by Staff reporter | 03 October 2019 | 115 Views

MSU, Zupco seal bus deal

by Staff reporter | 03 October 2019 | 206 Views

Mnangagwa to open ZMF conference

by Staff reporter | 03 October 2019 | 146 Views

High Court sets EcoCash hearing date

by Staff reporter | 03 October 2019 | 148 Views

Mphoko barred from leaving Zimbabwe

by ZimLive | 03 October 2019 | 144 Views

CIO agents monitor Jonathan Moyo in Kenya

by Mandla Ndlovu | 03 October 2019 | 364 Views

Acie Lumumba targets criminals around Mnangagwa

by Mandla Ndlovu | 03 October 2019 | 317 Views

$100 limit for cash-out transactions

by Staff reporter | 03 October 2019 | 234 Views

ANC starts anti-sanctions campaign

by Staff reporter | 03 October 2019 | 160 Views

ZESN calls for political parties regulation

by Staff reporter | 03 October 2019 | 140 Views

We've no forced labour evidence on Zimbabwe diamonds, says US Embassy

by Staff reporter | 03 October 2019 | 154 Views

Ex-ZPC board chairman freed on bail

by Staff reporter | 03 October 2019 | 171 Views

Cyber Bill seeks to safeguard citizens

by Staff reporter | 03 October 2019 | 124 Views

Cassava launches Vaya tractor services

by Staff reporter | 03 October 2019 | 161 Views

MDC Alliance boycott slammed

by Staff reporter | 03 October 2019 | 90 Views

10-man Bulawayo Chiefs stun Harare City

by Staff reporter | 03 October 2019 | 128 Views

Zimbabwe has a reputational problem, says US

by newzimbabwe | 03 October 2019 | 140 Views

MDC Alliance walk of shame

by Nduduzo Tshuma | 03 October 2019 | 183 Views

MDC councillors want suspension of Cowdray Park projects

by Staff reporter | 03 October 2019 | 128 Views

RBZ floats $300m additional TBs

by Staff reporter | 03 October 2019 | 120 Views

Teenagers rob soldier

by Staff reporter | 03 October 2019 | 138 Views

Duo rape corpse, get death sentence

by Staff reporter | 03 October 2019 | 151 Views

Mnangagwa to fly out for the zenith times

by Staff reporter | 03 October 2019 | 120 Views

Chamisa's MPs approach court to reverse 5 months allowance garnish

by newzimbabwe | 03 October 2019 | 72 Views

Zimra official forges Customs papers

by Staff reporter | 03 October 2019 | 57 Views

Zifa courts two nations for Warriors' friendlies

by Staff reporter | 03 October 2019 | 46 Views