President Emmerson Mnangagwa now has all hands on deck to help rebuild the economy.
Officially opening the ninth Parliament, Mnangagwa said elections had come and gone and lawmakers had to fulfill their electoral promises.
“We held our elections which were free, fair and violent-free. It is time to work hard. We know as a country we are facing economic challenges so we should work hard to address them as government. Among these economic challenges is the issue of cash shortage,” he said.
“Government has negotiated a $500 million facility with the help of the Reserve Bank of Zimbabwe. The facility will be disbursed next week to meet the demands of foreign currency.”
Mnangagwa urged the private sector to work with the government to revive the economy.
He said Zimbabwe would continue to use the multi-currency regime which was adopted in 2009 to tame hyperinflation.
MDC Alliance members walked out Parliament building when Mnangagwa was delivering his speech and returned back to the House when he had finished his address.