Caution needed on ZiG-only payments

RBZ governor John Mushayavanhu

ZIMBABWE’S latest move to require that public sector suppliers be paid exclusively in the local currency marks a bold step in its ongoing efforts to stabilise and entrench the ZiG.  It is a policy rooted in understandable objectives, including strengthening domestic currency demand, improving fiscal discipline, and bringing greater coherence to public procurement systems. Yet,…

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