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Redollarise to fix economy: Biti

Blessed Mhlanga ·

Redollarise to fix economy: Biti

THE crippling fuel and power shortages facing Zimbabwe are likely to get worse if government fails to deal with price distortions on the market, former Finance minister Tendai Biti has said.

Speaking in a radio interview, Biti, who also chairs the Parliamentary Portfolio Committee on Finance, said government does not have money to continue subsidising fuel and should allow private players to fill the gap.

“The energy situation is dire; the fuel situation is particularly dire as evidenced by the long queues.

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