Chronicle Editor
Online writer
VICE President Dr Constantino Chiwenga has just arrived for the commemorations.
This year’s commemorations are being held under the theme “Embracing Innovation towards Vision 2030: The Relentless fight against Sanctions”
During last year’s commemorations in Harare, the Vice President voiced the negative bearing sanctions had on Zimbabwe’s economy.
“Since 2001, we estimate that Zimbabwe has lost or missed over 150 billion United States dollars through frozen assets, trade embargoes, export and investment restrictions from potential bilateral donor support, development loans, International Monetary Fund and World Bank balance of payment support and commercial loans.
“This has forced our Gross Domestic Product to contract drastically in the two decades that followed the imposition of sanctions. The illegal sanctions are also a direct attack on Zimbabwe’s currency which is our sovereign currency of choice, hence our motherland remains subdued by the United States dollar,” he said.
Online Reporter