The President will host the first annual economic conference

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The Chronicle

business journalist
PRESIDENT Mnangagwa will be the guest of honor at the first International Convention on Zimbabwe’s Economic Growth and Development Strategy (Zedcon) to be held in Victoria Falls from tomorrow until Friday.

He will deliver the keynote address at the high-level meeting, which will be attended by senior government officials, economic researchers, industrialists and policy experts, among others.

The outcome of the indaba and its recommendations are expected to contribute to the preparation of the 2023 national budget, which would give impetus to the achievement of Vision 2030.

The conference is organized by the Ministry of Finance and Economic Development and will be held under the theme: “Accelerating Economic Transformation through Evidence-Based Policy Making”.

In a pre-meeting briefing shared with Business Chronicle yesterday, the Minister of Finance and Economic Development, Professor Mthuli Ncube, said the conference will bring together leading scientists, researchers and academics in economics to exchange views and share experiences and research findings on various aspects of Zimbabwe. economy.

“As you may be aware, the Ministry of Finance and Economic Development has organized Zimbabwe’s first annual Structured International Economic Development Convention over the period 10-12 August 2022, at the Elephant Hills Hotel in Victoria Falls “, did he declare.

Professor Mthuli Ncube

“The preparations went very well and we received a lot of support and interest for the conference. The main objective of Zedcon 22 is to promote evidence-based policy making (EIPM) and knowledge management as an important driver of policy dialogue, good policy planning and implementation.

“It is a platform to demonstrate that the Second Republic has leadership that listens and in the spirit of ‘leaving no one or place behind’, and ‘Nyika inovakwa nevene vayo / Ilizwe lakhiwa ngabaninilo’.

Professor Ncube said the convention will be an annual event going forward, saying it will help encourage innovative thinking among leading Zimbabwean researchers, development practitioners, policy makers and private sector operators on the development agenda inclusive and sustainable economy of Zimbabwe, which anchors the achievement of a higher average. vision of the income economy by 2030.

Bulawayo City Council has declared its readiness to participate in the convention, which reinforces the National Development Strategy (NDS1).

Registrar, Mr. Christopher Dube

The town clerk, Mr Christopher Dube, said it was important for the council to be present as they will also help with the formulation of the council’s budget for 2023.

“Discussions at the said convention will center on structural changes in the Zimbabwean economy, assessment of economic growth patterns and delineations,” he said.

“The convention must offer evidence-based policy formulation and solutions. The recommendations of the convention will contribute to the preparation of the 2023 national budget, the review of the National Development Strategy (NDS1) and inform Zimbabwe’s growth trajectory towards Vision 2030.

“The board stands to benefit from the convention as it has adopted NDS1, which the board has also promoted through its corporate strategy.”

Mrs. Marjorie Mpundu

Keynote speakers at the conference will include Professor Ncube, Country Director of the World Bank, Ms. Marjorie Mpundu and Banker Mr. Nigel Chanakira, Founder of the African Diaspora Development Institute (ADDI), Dr. Chihombori Quao, Managing Director of the Zimbabwe Stock Exchange and the Victoria Falls Stock Exchange. , Mr. Justin Bgoni and the Governor of the Reserve Bank of Zimbabwe, Dr. John Mangudya.

The conference will also focus on broad themes including informal sector development and poverty reduction, industrialization and trade policy, fiscal and policy reform, and monetary and exchange rate policy.

RBZ Governor Dr. John Mangudya

Other topics to be discussed include the role of capital markets in the development of the country, the retention of human capital for national development and tax incentives and the economic sustainability of small and medium enterprises.

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