Economic Stability
1 article
Zimbabwe
Zimbabwe’s Economic Stability Boosted by New Currency, Zimbabwe Gold (ZiG)
The introduction of Zimbabwe Gold (ZiG) in April 2024 has brought much-needed stability to Zimbabwe’s economy, according to the International Monetary Fund (IMF). ZiG has effectively curbed inflationary pressures, with the IMF projecting a modest 7% inflation rate for the remainder of 2024 if current trends persist. Persistence Gwanyanya from the Reserve Bank of Zimbabwe […]
By Newsroom•