Socioeconomic Implications of the Monetary Policy Measures – Statutory Instrument (SI) 142/2019

By ZIMCODD On 24 June 2019, the government abolished the 10-year-old multi-currency regime in the country making the Zimbabwe dollar the sole legal tender. The Zimbabwe Coalition on Debt and Development (ZIMCODD) bemoans the apparent policy inconsistency and premature knee jerk reaction. The need for a local sovereign currency is not disputed, however the government…

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