Stay the course to sustain ZiG stability

For the ZiG to instill public confidence and ensure market stability before 2030, the RBZ should aim for a prudent target where gold reserves cover at least 25 to 30 percent of the ZiG’s total monetary base, as evidenced by international best practices.

ZIMBABWE’s Treasury and central bank deserve firm applause for guiding the economy into an extraordinary period of price stability, demonstrated by month-on-month inflation now in negative territory. Three consecutive months of falling prices prove that disciplined fiscal management, restrained monetary expansion, and a credible currency framework can yield real, measurable benefits for households and businesses…

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