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Biti is 2009 to performer
Written by Economics Editor   
Friday, 19 February 2010 23:53

LONDON (Zimbabwe Investor) - Zimbabwe’s Finance Mininster, Mr Tendai Biti has been voted as the government minister who had the biggest economic impact in 2009 by Zimbabwe Investor’s online readers in an online survey that ran between December 2009 and January 2010.

 

The Minister of Finance had 60% of the vote in a poll conducted on Zimbabwe Investor’s online readers to confirm his role in the stabilisation of the economy which had been torn to shreds by ten years of economic decline and hyperinflation.

 

Biti has been roundly credited with the economic stability since he took office following the installation of the inclusive government in February of 2009. The tough talking minister from the MDC side of the government has introduced a raft of economic policies which started with his introductory blue print, the Short Term Economic Recovery Plan (STERP).

 

The poll had Tourism Minister, Walter Muzembi, coming a distant second with 12.6%. Muzembi has been seen to be active in the marketing of Zimbabwe working closely with the Zimbabwe Tourism Authority. In June of 2009 he accompanied the Prime Minister on a tour of the United States of America and Europe. Tourism arrivals increased by 3% in 2009.

 

In third place with 9% was Industry and Commerce Minister Mr Welshman Ncube from the smaller MDC wing of the inclusive government. Ncube’s stock rose in December when he took centre stage during Nestle-Gushungo Dairies saga.

 Zimbabwe’s economy registered a 4.7% growth in 2009 is expected to grow by 7% in 2010. However, a lot still rides on the country’s political direction under the fragile inclusive government. Foreign investors, especially from the western developed nations, have been playing a cautious wait and see game when it comes to investing in Zimbabwe. Further improvements in the political fortunes of the country could result in the country achieve double digit growth rates.
 

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