RBZ stands firm against quasi-fiscal financing

RBZ governor, John Mushayavanhu

THE Reserve Bank of Zimbabwe (RBZ) has affirmed its commitment to avoiding quasi-fiscal activities, despite growing concerns over outstanding payments for matured treasury bills and government contracts.RBZ Deputy Governor Innocent Matshe informed business leaders at a recent CEO Roundtable meeting that fiscal discipline is crucial for Zimbabwe’s de-dollarisation objectives, adding that any return to central…

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