The Economy

The ZPDP will seek to review the structure and performance of Zimbabwe's national economy especially after years of consistent shrinkage under ZANU PF.  We will transform the economy from its current recessionary state to one of growth, expansion and self-sustainability.  This would be backed by inward investment attraction, sourcing of Balance of Payments (B.O.P.) support, equitable and strategic partnerships and the promotion of homegrown entrepreneurship.

A ZPDP government will provide a blueprint for re-industrialization, investment attraction and security.  We will create conditions conducive to foreign capital injection and partnered investment and protect private enterprise from illegal state interference.  The ZPDP government will also invest in labor force training, industrial labor health education and social security as well as improve conditions of service for workers to enhance productivity, growth and social welfare.

Zimbabwe must demonstrate to the International Monetary Fund (I.M.F.), the World Bank, other international financial institutions, investors, and indeed all donors that we can ensure a stable economic outlook while providing a safety net for investment as well as social security for the poor and the vulnerable of our nation.  This will be done in an environment of total accountability and transparency.

Monetary Policy

Our monetary policy will be designed to attain and sustain a single digit rate of inflation, favorable foreign currency exchange rates against major currencies, as well as national debt reduction.  We will introduce measures to stabilize foreign exchange rates and safeguard Zimbabwe’s vital financial sector through a well managed interest rate regime.  The Reserve Bank of Zimbabwe will be returned to its core activities of conducting monetary policy, maintaining the stability of Zimbabwe’s financial systems, providing financial services and performing banking supervision and regulation.

Fiscal Policy

A ZPDP government will seek to introduce a tax regime that reduces the burden on low-income groups and families while the tax band for high income groups is raised.  Tax relief and concessions will be provided to firms engaged in agro-based industries as well as industries with high employment generating capacities.  Government expenditure will be tightened and slim-lined to go along with budgetary limitations that reflect positively on the national gross domestic product and overall economic productivity.