January 2018 archive

‘Parly should rein in ministries’

Top government adviser, Ashok Chakravarti, told legislators during a post-budget seminar at a Harare hotel on Monday that it was impossible for the ministry of Finance alone to monitor 22 ministries and 114 parastatals, urging Parliament to exercise its oversight role.

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Economists differ on rand adoption, reintroduction of Zim dollar

ECONOMISTS yesterday expressed divergent views over adoption of the South African rand and re-introduction of the local currency, with top government economic analyst Ashok Chakravarti telling MPs that Zimbabwe needs to either adopt the rand or re-introduce the Zimbabwean dollar to solve the foreign currency and cash crisis.

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Former government economic advisor suggests Zim-dollar backed by diaspora bond

ECONOMIST and University of Zimbabwe lecturer Professor Ashok Chakravarti has challenged the finance ministry to consider the introduction of a new local currency backed by a diaspora bond.

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