Zim Asset Executive summary

via Zim Asset Executive summary  02 December 2013 by Charles Rukuni InsiderZim

The Zimbabwe African National Union- Patriotic Front has been peddling the Zimbabwe Agenda for Sustainable Socio-Economic Transformation (Zim Asset)- its economic blue print for 2013-2018- as the answer to the country’s economic woes. What is it?

The document is now available so The Insider has decided to serialise it. The Insider welcomes comments on the document. You can do this either through our comment section at the end of each story or, better still, through our Open Forum.

It is time that Zimbabweans started debating issues instead of suffering in silence and whining all the time. While most people have given up because they think our leaders do not listen- they do. I know because they have been watching The Insider for the past 23 years.

Here is the executive summary of the plan.

EXECUTIVE SUMMARY

Zimbabwe experienced a deteriorating economic and social environment since 2000 caused by illegal economic sanctions imposed by the Western countries. This resulted in a deep economic and social crisis characterised by a hyperinflationary environment and low industrial capacity utilization, leading to the overall decline in Gross Domestic Product (GDP) by 50% in 2008.

After the landslide victory by the ZANU PF Party in the 31st July 2013 harmonised elections, the Party was given the mandate to govern the country for a five (5) year term. To guide national development for these five years, Government has crafted a new economic blue print known as the Zimbabwe Agenda for Sustainable Socio- Economic Transformation (Zim Asset).

This economic blue print was developed through a consultative process involving political leadership in the ruling ZANU PF Party, Government, Private Sector and other stakeholders. Source documents recognize the continued existence of the illegal economic sanctions, subversive activities and internal interferences from hostile countries. This therefore calls for the need to come up with sanctions busting strategies, hence Zim Asset’s focus will be on the full exploitation and value addition to the country’s own abundant resources.

The Vision of the Plan is “Towards an Empowered Society and a Growing Economy”. The execution of this Plan will be guided by the following Mission: “To provide an enabling environment for sustainable economic empowerment and social transformation to the people of Zimbabwe”.

The implementation of Zim Asset will be underpinned and guided by the Results Based Management (RBM) System and will be used as a basis for the macroeconomic budgetary framework by Treasury, commencing with the 2014 fiscal year.

Zim Asset is a cluster based Plan, reflecting the strong need to fully exploit the internal relationships and linkages that exist between the various facets of the economy. These clusters are as follows:

  • Food Security and Nutrition;
  • Social Services and Poverty Eradication;
  • Infrastructure and Utilities; and
  • Value Addition and Beneficiation.

To buttress the aforementioned clusters, two sub-clusters were also developed namely Fiscal Reform Measures and Public Administration, Governance and Performance Management. To ensure the successful implementation of Zim Asset, key strategies, success factors and drivers have been identified as implementation pillars.

For easy conceptualisation, comprehension and appreciation of the key result areas, outcomes as well as outputs, Zim Asset is set out in Matrix form to ensure the institutionalization and mainstreaming of a results based culture in the public sector in conformity with the Results Based Management System.

Under this arrangement, initiatives identified under each Cluster will be implemented immediately to yield rapid results (Quick Wins) in the shortest possible time frame (October 2013 – December 2015), with the other deliverables targeted up to December 2018. In the process, Government will undertake blitz interventions in the delivery of services.

In order to ensure that the Plan is fully funded, the following, interalia, have been identified as financing mechanisms: tax and non tax revenue, leveraging resources, Sovereign Wealth Fund, issuance of bonds, accelerated implementation of Public Private Partnerships, securitization of remittances, re-engagement with the international and multilateral finance institutions and other financing options, focusing on Brazil, Russia, India, China and South Africa (BRICS).

The Office of the President and Cabinet will monitor and evaluate the implementation, monitoring and evaluation of the Plan.

 

COMMENTS

WORDPRESS: 17
  • comment-avatar
    ZimJim 8 years ago

    “Food Security and Nutrition;
    Social Services and Poverty Eradication;
    Infrastructure and Utilities; and
    Value Addition and Beneficiation.”

    No bid deal! Standard stuff for any half-decent government.. Except for the last one. That means diamond mining…

  • comment-avatar
    Ken Sharpe 8 years ago

    Commendable but without the capital it will be a long and hard hill to climb. Let’s attract FDI and lines of credit for our banks! Then the hill will go away!

  • comment-avatar
    munzwa 8 years ago

    Well get on with it, it all sounds grand but fear it is a dream and wishful thinking as someone has to bring the hammer down on the incompetent managers, will zanu do that?

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    mambo 8 years ago

    Starts with the flawed perception that “illegal sanctions” created the largest economic collapse in the country’s history, and then proceeds with the flawed perceptions that the land redistribution programme has created a base for food security and that poverty eradication and value addition can be achieved where commerce and industry have no reliable power supply. Clueless politicians dreaming up clueless programmes!

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    bruce 8 years ago

    Deteriorating soci-economic situation was caused and it still continuing due to poor management and corrruption of ZANU PF and the political risk possed by Mugabe as a leader since he lost the mandate to rule long time ago, but continues through rigging, intimidation and corrupting the military to support him. Inflation was due to printing useless bearer cheques without any value but empty shelves, poor advise from onetsary authorities. Poor land reformes and excessive unproductive internal borrowing that crowded out investment. ZANU PF will not fix it since they do not have a clue of the problem shame.

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    Johnson@yahoo.com 8 years ago

    THIS PLAN IS GRAND BUT LACKS CREDIBILITY. MAYBE A FEW QUESTIONS NEED TO BE ANSWERED FIRST. WHERE WERE THE SO CALLED BRICS ‘HELPERS’ ALL ALONG AS OUR ECONOMY WENT KAPUT CIRCA 2008? WHAT’S NEW TO LURE THEM NOW? MERE EMOTIONS AND BAD SENSE CANNOT RUN THE ECONOMY. WE DO NOT NEED EMOTIONAL LANGUAGE BUT PRAGMATISM AND LOGIC. A PARTY LIKE ZANU PF OBVIOUSLY HAVE A LOT OF EDUCATED PLANNERS…..BUT LOGIC, GOOD SENSE, BUSINESS ETIQUETTE AND SANITY ARE LACKING. THEY WANT TO HAVE A CAKE BUT THEY ARE NOT WILLING TO SHARE IT WITH THE GUYS WITH SOME OF THE INGREDIENTS! THERE ARE NO ‘FRIENDS’ IN BUSINESS….LET US NOT MIX THE TWO. FRIENDSHIP IS AN EMOTIONAL RELATIONSHIP….AND BUSINESS IS ABOUT MONEY AND MONEY MAKING SINE ERA ET STUDIO – WITHOUT HATRED AND PASSION….BUT PLAIN FACTS. HOWEVER THE FACTS ABOUT ZIMBABWE ARE AT BEST DAMNING AND THE GUYS RESPONSIBLE ARE PREPARED TO PROCEED INTO THE ABYSS WITH OUR COUNTRY. WHAT WE NEED IS TO MOVE FROM ABNORMAL SENSELESS RHETORIC TO GOOD SENSE, BUSINESS LANGUAGE AND MOVEMENT AWAY FROM SELF CENTREDNESS AND FOG HEADED PLANS WHOSE IMPLEMENTATION REMAINS AT BEST FUZZY AND ELITIST. FOR EXAMPLE, HOW ARE ORDINARY PEOPLE IN MUZARABANI EXPECTED TO GAIN FROM THE TAKEOVER OF MBADA DIAMONDS? THERE IS A LOUD NOISE ABOUT INDEGENISATION BUT THE PLAN OF IMPLEMENTATION IS MURKY AND SUSPICIOUS. wHAY ARE WE NOT TALKING ABOUT DIAMOND REVENUE? wHAT THE HECK IS HAPPENING THERE? TELL US! CORRUPTION IS RAMPANT. THERE IS NO RULE OF LAW. WHAT THE HECK IS THIS WHEN CORRUPTION HAPPENS AND PERPETRATORS GO SCOT FREE. GUYS WE CAN PREACH AND PREACH ABOUT SANCTIONS, FDI, CHINA, BRICS, IMF, WORLD BANK…..BUT THE FACT REMAINS, THE GOVT LACKS CREDILBILITY IN THE FACE OF EVERYONE INCLUDING ITS OWN SUPPORTERS AND PLAYERS. UNLESS SOMETHING IS DONE TO BOOST CREDIBILITY EVEN BRAZIL OR CHINA CANNOT HAVE LONG TERM INVESTMENTS IN AN FLIP FLOP ECONOMY WHERE POLITICIANS GOVERN BY WHIMS AND EMOTIONS, NOT ON CONSISTENT POLICY. NO FOOL CAN TAKE THE RISK!! EVERYONE KNOWS ALL THIS BUT THESE GUYS ARE THRIVING ON THE CURRENT CONFUSION…STEALING AND LOOTING WITHOUT ACCOUNTABILITY!!!

  • comment-avatar
    Kondo 8 years ago

    Most citizens including the ones who purportedly support Zanu(PF)do not believe this regime can go beyond scapegoating. We know they they have nothing to offer and any analysis of their PLAN is sheer waste of time.

  • comment-avatar

    The first qstn to ask is how many blue prints dd zpf produced and what are/were e results? Where those blue prints implemented to e last full stop. What is it w this one that we shd give e benefit of doubt. The summary blamed sanctions and calls for sanctions bursting measures bt up to this day they’re blaming sanctions for e poor economic environment which means they’re admitting failure b4 they start implementing it. The fact they concede e country sanctions and are promising to burst them means they shd not blame them cos they planned w that issue in mind so they shd roll out their plan. Further blaming sanctions means their they’ve failed to deal w them yet Smith was successful. The other serious omission is e issue abt corruption which all except zpf blame for e poor state of e economy. Its not in dispute kuti senior zpf ar filthy rich cos of corruption bt nothing was and is done abt it. Maybe e prblm is who can raise a finger agst e other cos all ar corrupt

  • comment-avatar
    DRY WINE 8 years ago

    Zanu PF will and can never develop Zimbabwe. Their vision is to plunder the country behind a facade of organized development.

    That is why they have successfully mortgaged the country to China but there is nothing to show for it, except prinitive personal accumulation. Pagodas are everywhere to satisfy personal egos while citizens live in abject poverty.

  • comment-avatar
    Yvonne 8 years ago

    Do not just blame the government for what it has done instead highlight other sustainable economic and social measures that can be used by the government.

  • comment-avatar
    Zano L 7 years ago

    the plan itself is good on paper, and if desired measures to achieve the objectives were achievable, the plan would suceed. Nevertheless the planners should not beat about the bush, first they need to consider what promulgated the imposition of sanctions,then try to redress the causative factor from the roots.

  • comment-avatar
    sidza 7 years ago

    Fellow Zimbabweans we are still showing immaturity up to this century, why cant we advice each other with the best way forward, we should focus on our children,s future rather than waste time exchanging vulgar words for no apparent benefit. i suggest the Zim Assert is a noble idea provided the its taken and implemented seriously lets stop discouraging, instead if you have a better idea let it out now. How ever I think its high time we should stop blaming sanctions unless if we are willing to change, there is a lot of corruption which I think it has gone out of bounce once more I would like to advice the responsible authorities to swallow there pride and start doing the right full things so that our country may start to function again.

    • comment-avatar

      Indeed it was a noble idea, a curse to the civilians and a blessing to the corrupt and greedy selfish Zanu PF cadres.

  • comment-avatar
    TkZee 7 years ago

    This comes as an opportunity to excel and show the qualities and greater levels people can achieve especially the YOUTH, it’s high time we consider taking our Zimbabwe seriously through the “Zim Asset” and give more of our thinking to development than developing a “thinking” that destructs rather than constructing and leave erections that will forever make the complaints and issues we’re experiencing now a history

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    Honey 6 years ago

    Zim will going no where with the so-called Zanu-pf party with leaders who are not qualified but only acquire posts through nepotism hence what they do is to further their interest whilst the majority suffer. For the president Zim Asset plan was effective but doomed to fail due to insufficient leaders. If we look back Zimbabwe was once a bread basket by now it tends to be professional food burger due to the so-called land distribution which gave the political figures to grab more productive farm and turns them into fallow way. Now Zim Asset pours in negative results to the country.

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    mxoza 6 years ago

    proudly zimbabwean