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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