ZIMBABWE’S FALSE PROMISE OF ECONOMIC GROWTH IN 2023
In 2023, Zimbabwe is being promised an economic growth of more than six percent. This promise comes from the Minister of Finance, who many say is not supposed to hold such a position. According to critics, this minister was appointed by an illegitimate president. The president is said to be leading with the help of force, rather than with the agreement of the people. Many people in Zimbabwe are suffering because the government, especially the ruling party ZANU-PF, is failing. There is a widespread belief that the government has no real care for the citizens and their problems.
The idea of a six percent economic growth is very hard to believe when looking at the current situation in the country. Instead of growth, it seems more like the country is experiencing economic decline. It is almost as if the finance minister is promising the opposite of what is happening in reality.
For those who understand politics, it was clear from the start that appointing this finance minister would not improve things. Zimbabwe has been dealing with both economic and political crises for a long time. But to many rural voters, who are often influenced by food aid and support from local chiefs, it did not matter who was appointed as finance minister. For these rural voters, food aid and support often came along political lines, making them vote based on these benefits instead of who could fix the economy. They have had to pay a big price for their lack of political knowledge, as many of them end up voting for empty promises.
Earlier this year, Zimbabwe introduced a new local currency to replace the US dollar, which is the world’s reserve currency. Again, to those who understand the situation, this was a clear move to avoid making real reforms. The government seems to be printing more local currency instead of fixing the real problems in the country. This printing of money, which many call “helicopter money,” is a way for the government to stay in power without solving the actual problems causing the economic crisis.
The new local currency has very little value because it is not backed by anything real. Instead, it is backed by memories of the country’s fight for independence, which fewer and fewer people seem to care about today. The continued printing of this currency has made things worse for the country’s economy. It shows how the ruling party is focused more on staying in power than on improving the economy for the people.
The finance minister, who is seen by critics as failed, ignorant, and unqualified for his position, continues to promise things that seem impossible. He claims that the economy will grow by six percent, but the reality on the ground is completely different. The country is sinking deeper into economic crisis, and the reasons for this are not being addressed.
The main cause of the economic crisis is the lack of real reform. Instead of focusing on real solutions, the government continues to make decisions that do not help the people. They print more money, keep the same failed leaders in office, and do not fix the problems that have led to the economic decline.
The hope of real economic growth is nothing more than a false promise. As long as the government continues to make decisions based on staying in power instead of helping the people, there will be no real change in the economy. Zimbabwe needs real solutions, not empty promises of growth.
Until the government faces the real issues causing the crisis, the idea of a six percent growth in 2023 is just a dream. The suffering people of Zimbabwe need action, not words. The government must stop ignoring the problems and start making real changes that will benefit the citizens. The red elephant in the room, which is the cause of all these issues, cannot be ignored any longer. Only when the government faces the truth will Zimbabwe begin to recover from its deepening crisis.