8 CRITICAL CONDITIONS (FUNDAMENTALS) THAT MUST BE MET BEFORE ZIMBABWE FULLY TRANSITIONS TO A MONO-CURRENCY
1. Durable macroeconomic stability with single-digit inflation
2. Adequate foreign currency reserves of at least three to six months of import cover
3. Stable exchange rate dynamics
4. An efficient foreign exchange management system
5. Increased demand for the local currency (ZiG)
6. Financial sector stability
7. An efficient National Payments System
8. Fiscal and monetary policy cohesion with non-monetisation of the Budget (i.e., the central bank does not finance fiscal deficits)
***6 of them have already been achieved, according to the RBZ Governor
The @CityofBulawayo has a magnificent hotel site near ZITF overlooking the 18th hole of the Bulawayo Golf Club course and the Matsheumhlophe river.
We would be delighted to show through area to the @Hyatt@HyattConcierge group. Bulawayo desperately needs a Grand Hyatt as we seek to boost the tourism sector in Bulawayo and the glorious Matopos.
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-DKP🇺🇸