World Bank warns Zimbabwe against rushing to make ZiG sole currency - NewZimbabwe.com

World Bank warns Zimbabwe against rushing to make ZiG sole currency - NewZimbabwe.com

Source: NewZimbabwe.com

DW NOTE

Zimbabwe's currency has a half-life measured in months, not years. Since 2008 it has tried bearer cheques, bond notes, RTGS dollars, and now ZiG — each collapsed under the same disease: a central bank that prints to cover fiscal gaps. The World Bank's warning isn't about pacing; it's about whether a government that has destroyed four currencies in two decades has suddenly discovered restraint.

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