Gvt outlines de-dollarisation roadmap
Business Editor
TREASURY has outlined key macro-economic policy measures to support the five year de-dollarisation strategy.
Under this framework, the use of the US-dollar for domestic transactions would remain permissible in the next four years while a fixed and dual exchange system would be adopted.
Government also intends to reduce forex retention thresholds for key sectors, a move that is likely to excite exporting businesses.
The measures cover the period 2020 to 2024 and would be front-loaded in five broad categories that encompass exchange control, monetary measures, fiscal and structural interventions as well as supporting measures.
…More to follow
You Might Also Like
-
Nqobile Tshili, [email protected] GOVERNMENT is this month expected to hold an irrigation infrastructure conference to help unlock funding for the expansion of hectarage under irrigation amid revelations that only 10 percent of the country’s agricultural land is irrigated. In an interview during the just-ended Zimbabwe International Trade Fair (ZITF) in Bulawayo, Lands, Agriculture, Fisheries, Water and […]
Agriculture Journal
Comments