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It’s unfair to burden victims of govt economic plunder
NewsDay Staff ·
The move by President Robert Mugabe to sign the controversial Reserve Bank of Zimbabwe (RBZ) Debt Assumption Bill into law is a slap in the face for impoverished taxpayers who now have to pay for the elites that have a penchant to live beyond their means.
Mugabe’s move means that the government has taken over the RBZ’s controversial $1,2 billion debt and taxpayers would have to repay the money.
The $1,2 billion includes $200 million that was used to buy farming equipment dished out to Zanu PF and government officials during Gideon Gono’s era as governor of the RBZ.
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