Fiscal headwinds blow as dollarisation tightens grip

ZIMBABWE’S government could face significant challenges funding its spending in 2024, with dwindling access to local financing due to the country’s deepening dollarisation, research firm Imara Investing in Africa (Imara) has warned. In a recent note, Imara argued that widespread adoption of the US dollar has severely restricted the government’s ability to print money to…

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