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.
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.
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.
Ashok Chakravarti has said that Zimbabwe’s economy will not recede back to the hyperinflation era.
Government adviser and economist Ashok Chakravarti has said the economy is not receding back to the hyperinflation era, as there are better policies in place than in 2008.
Professor Ashok Chakravarti in an interview with Talent Chademana says that Zimbabwe has already de-dollarised and that we should adopt the Rand.
Zimbabwe Independent reporter Hazel Ndebele interviewed senior development economist and Ease of Doing Business Advisor in the Office of the President and Cabinet, Ashok Chakravarti, to discuss the challenges besetting the economy among other factors.