, 7 tweets, 1 min read Read on Twitter
Finance permanent sec Guvamatanga live on ZBC TV and taking calls from viewers
Guvamatanga says govt/RBZ should not have a role on the interbank forex market because they don’t produce forex. They should only facilitate
Caller on ZTV asks Guvamatanga: How about the general populace that doesn’t use Zupco buses but use their own cars?

Guvamatanga says the govt’s role is to facilitate a good public transport system
Caller on ZTV asks: If they sell fuel in bonds, where will they get forex to import fuel?

Guvamatanga says they should get it from interbank market. It should be a market for exporters and imports
Guvamatanga says Zimbabwe generates enough forex but the problem was that it has been wrongly allocated; this is why they have changed how the interbank market works
Caller on ZTV says there’s no Zupco in low density areas.

Guvamatanga says the scheme is meant to cushion the most vulnerable people in society. He says a broder subsidy on all the fuel will not work
ZBC’s @MoeChanda asks Guvamatanga: “Where does austerity end and prosperity begin?”

Guvamatanga says we inherited a bleeding patient and we had to patch them up. The recovery will be painful
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