Foreign aid stifles entrepreneurial spirit
As Zimbabwe is building
its economy, what we needs now without wasting any precious time is business
from international organizations and not aid, given that ‘there are no free
lunches’ anywhere.
Aid stifles entrepreneurial
spirit and encourages a bloated bureaucracy that chokes the very business that
is crucial for Zimbabwe’s growth.
Aid is the silent
killer of growth. Its inflows have adverse effects on overall competitiveness,
wages, export sector employment and ultimately growth.
To successfully rebuild
our economy, it is time for us as Zimbabweans to assume full control over our
economic and political destiny.
Zimbabwe, as a country should
grasp the many means and opportunities available for improving the life of
Zimbabweans.
We have to destroy the
myth that aid is indispensable. It is time for Zimbabwe to start planning,
substitute trade for Aid and try to foster relationships and alliances with
countries where there is real opportunity to sell Zimbabwean produce.
There is a need to
attract foreign direct investment and support domestic investment.
Thus, an exit strategy
from aid dependence requires a radical shift both in the mindset and in the
development strategy of our country as well as a deeper and direct involvement
of the people.
It also requires a
radical and fundamental restructuring of the institutional aid architecture at
the global level - Lazarus Sauti.
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