FUEL HIKES A NOBLE MOVE TOWARDS ECONOMIC REVIVAL, SAYS ECONOMIC ANALYSTS
Written by yafmnews on January 17, 2019
Economic analysts say high fuel prices recently announced by the government might appear dreadful to many but have a positive long term economic factor.
Economic analyst Trust Chikohora who is also the Zimbabwe National Chamber of Commerce president said high prices will stabilise commodity demand hence improving scarcity a situation which is healthy for productivity as most sectors rely on fuel for completing their channel of production.
He however said the development has impacted negatively on travelers who have to endure high transport charges.
He however assured the nation that the economic situation will soon stabilise.
The recent fuel price hikes have caused mayhem in different sectors of the economy , a situation that has caused uncertainty among citizens.