Zimdollar here to stay: Govt

GOVERNMENT says it will announce a clear and transparent roadmap towards de-dollarisation to avoid shocks that may hurt the economy and drive citizens deeper into poverty.

The country was due to end dollarisation in 2025 to put to bed the multi-currency regime currently in place, but President Emmerson Mnangagwa has since given the regime a lifeline to 2030.

Government re-introduced the local currency in 2019 after a decade of dollarisation, but the local unit has failed to hold its own.

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