By 
President Mnangagwa today while addressing the first meeting for the year at the State House stated that the country will soon be introducing its structured currency as the Government implements measures to sue price hikes while creating a conducive economic environment.
“Prudent fiscal and monetary policies and the promotion of a conducive business environment remain critically important for the stability and growth of our economy.
Accordingly, the fiscal and monetary authorities are implementing a raft of policy measures to arrest price increases, stabilise the foreign exchange rate, maintain the value of our currency, and ultimately encourage savings. We shall soon be announcing the introduction of our structured currency,” said President Mnangagwa.
The country has been experiencing price hikes largely fuelled by speculative devaluation of the local currency.
Comments