Zimbabwe’s economy under fire as lockdown effects bite hard

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Zimbabwe's economy under fire as lockdown effects bite hard

The President of Zimbabwe, Emmerson Mnangagwa has extended the Nationwide lockdown until the 3rd of May despite several concerns on the suffering of the people.

In the midst of the COVID-19 pandemic, many countries have issued a lockdown hindering movement and in extension the economy.

While the lockdown measure was issued to protect the health of the people, it has decimated the economy. While some countries are financially and economically strong and stable, some other countries aren’t. Many are on the brink of poverty and the effects of the lockdown will throw many poor economies over the edge.

Last year Zimbabwe suffered an inflation rate of about 540.16 per-cent. After issuing a lockdown for several weeks, many individuals living in Zimbabwe can no longer survive financially even with government intervention.

The individuals suffering under this measure are chafing against the restrictions and have repeatedly called on the government to put an end to the lockdown so that they can resume work because they cannot survive to be idle.

This may destroy the economy even further since the number of confirmed cases is not as much as many other countries. Zimbabwe has confirmed 29 cases of the virus with four deaths.