John Mangudya, chief executive of the country's biggest private bank CBZ Holdings succeeds Gideon Gono whose term ended in November last year. He will begin work on May1 for a period of five years. Finance and Economic Development Minister Patrick Chinamasa said Mangudya believes in "discretionary fiscal and monetary policies".
"Dr Mangudya is a Keynesian economist who believes in discretionary fiscal and monetary policies and in the rational expectations hypothesis," he said when
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