mtp launch 07-07-11.jpgThe business community has expressed concern over the non implementation of the set policies of the five-year Medium Term Plan (MTP).

The concerns from captains of industry and commerce come after revelations that proposed policies for the economic blue print are gathering dust in offices.

There are fears that failure to comply with the set targets of the plan is likely to hinder prospects of restoring macro-economic stability.

International Freight Forwarders Association of Zimbabwe President, Mr Patrick Gwasera says the Ministry of Economic Planning and Investment Promotion, which is responsible for crafting the plan, should regularly review the set targets of the economic blue print.

“We are really not seeing anything tangible going on and this calls for the key ministries to come up in the open and spell out their ideas,” he said.

Zimbabwe Miners Federation Chairman, Mr Edzayi Kufandarerwa says the MTP might fail to achieve its intended aims if not fully implemented.

“This policy might be another bigger drawback to economic recovery, so there is need for seriousness,” Mr Kufandarerwa said.

The MTP was launched in July last year to solve macro-economic challenges affecting the economy in the next five years through mobilising US$9 billion.

The plan also aims to increase business confidence as well as create employment.