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NewsDay

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Govt works on Vision 2040

Business
THE Ministry of Macro-Economic Planning and Investment Promotion is compiling a National Vision 2040 statement aimed at improving the country’s economy.

THE Ministry of Macro-Economic Planning and Investment Promotion is compiling a National Vision 2040 statement aimed at improving the country’s economy.

BY FIDELITY MHLANGA

Permanent secretary in the ministry Judith Kateera yesterday told NewsDay that inputs for the statement was being drawn from Zimbabweans across the country.

“We have gone around all provinces and we are concluding with Harare asking Zimbabweans each and every one in every portfolio that five years from now and until 2040 where will you be and as stakeholders give us input and document it and come up with a national vision. It’s about the economy, to say where we want to see our economy by 2040,” she said on the sidelines of the sensitisation workshop on ZimAsset II and the National Investment Policy.

Kateera, who refused to divulge finer details obtained from the provinces said that a draft document would be produced before year end.

“If it goes according to plan the statement should be issued before end of this year, that is, the national vision 2040 document. However the actual National Vision 2040 policy document requires extensive and much wider research and we will go to the district’s and down to some selected villages. This means the policy will be produced later,” she said.

In a speech read on his behalf, Macro Economic Planning and Investment Promotion minister Simbarashe Mumbengegwi said government had taken into account the concerns that investors had expressed over the harsh investment environment obtaining in the country.

These concerns include clarification of the Indigenisation Act and ease of doing business reforms among others.

“Government is further making strides towards improving the investment environment for both domestic and foreign investors. The process involves three key focus areas namely the national investment policy, special economic zones and harmonisation of investment laws,” he said.

Mumbengegwi said the national investment policy was aimed at providing clarity and consistency in the investment sector. Moreso, the crafting of the national investment policy will be preceded by the crafting of a National Investment Policy statement aiming at giving a positive signal to investors.

He said the ministry had constituted a legal committee which was complementing efforts by the technical working group under the 100-day Rapid Results Initiative in the process of harmonising investment laws and policies.

The Rapid Results Approach spearheaded by the Office of the President and Cabinet runs from August 28 to December 5, 2017.