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Zimbabwe Not Ready to De-Dollarize, Says Finance Minister

 Zimbabwe Not Ready to De-Dollarize, Says Finance Minister

 

Zimbabwe Not Ready to De-Dollarize, Says Finance MinisterZimbabwe’s Finance Minister Mthuli Ncube stated that the country must regain access to credit lines before adopting the Zig as its sole currency. He emphasized the need to restructure $21 billion in debt, as Zimbabwe has been locked out of capital markets since 1999 due to defaulting on its debt. Clearing arrears would enable access […] 

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