FUEL HIKES A NOBLE MOVE TOWARDS ECONOMIC REVIVAL, SAYS ECONOMIC ANALYSTS

Written by 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.

 


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