Mazowe South legislator Advocate Fortune Chasi has urged the incoming Minister of Finance to do away with bond notes which he described as an anathema to investor confidence.
Posting on the microblogging site Twitter, Chasi- a Zanu PF legislator said reliance on bond notes is uncanny as it has send the United States currency into hiding.
The former Justice Deputy Minister urged the incoming minister of finance to whip it out.
“Reliance on the Bond note is uncanny. This note has sent the greenback into hiding. It feeds gvt profligacy ( it has encouraged public borrowing). It’s anathema to investor confidence. It simply just go & the incoming finance minister must whip it out!” reads Chasi’s tweet.
Zimbabwe is currently battling cash crisis which has manifested in long and winding bank queues, inflation and parallel trading of US dollars on the streets.