Honorable Minster of Finance, Patrick Chinamasa, what beer do drink, which brand do you take. Yours truly is seriously buying you a beer this Friday without fail.
Thanks for simply responding to our last #MondayBlues call where we implored the central bank governor Dr John Mangudya to explain the prevailing cash leakages.
Many a times, Chinamansa comes to press with loads of useless conflicting statements and huge words which only massage his ego while the economy continues to go south.
Amidst his usual rhetoric, Chinamasa remembered to say: “And the Reserve Bank of Zimbabwe is investigating all banks to establish who dumped large amounts of freshly printed and minted bond notes and coins on the black market just over a week ago.”
However, Chinamasa forgot to explain to us whether his last reserve bank governor Gideon Gono also deliberately chose to ignore the fact that he was buying currency and fueling the black market during the black market era he however only distanced himself and the bank.
Meanwhile, new measures were announced in Parliament on Thursday by Chinamasa, saying the stringent regulations were gazetted under the Exchange Control Amendment Regulations. These measures will not spare illegal street money vendors and dealers.
“Relating to the pictures and videos of wads of bond notes which have been circulating on social media, investigations are being carried out to establish the sources of the new bond notes in the street. My ministry and the RBZ do not participate in buying currency from the streets,” said Minister Chinamasa.
Next time after my beer, i would want you to speak more on on the rtgs bank system imbalances against the actual cash in bank, a scenario which existed way before the bond notes were introduced.