A nine-member foreign currency allocation committee has been named with representation from critical ministries and the Reserve Bank of Zimbabwe, Minister of Finance and Economic Development Prof Mthuli Ncube announced last night.
The committee was one of the reform measures announced in the National Budget Statement presented to Parliament on November 22 2018. The Budget proposed to “establish a strong inclusive framework, through an interim foreign currency allocation committee, with broader representation as was the case in the past”.
In line with that policy, the minister announced the following members of the new committee. The committee will be co-chaired by senior officials from the Ministry of Finance and Economic Development and the RBZ.
Office of the President and Cabinet
Mr A. Chikondo
Ministry of Finance and Economic Development
Mr Z. R. Churu
Mr D. Muchemwa
Ministry of Industry and Commerce
Mrs F. Makombe
Ministry of Energy and Power Development
Col M Mudzinganyama
Reserve Bank of Zimbabwe
Mr A. Saburi
Mr F. Masendu
Mr G. Mawire
Mr E. Matiza