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Labrish
Nyuuz
IMF Exposes Zimbabwe Cash Crisis
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[QUOTE="Munyaradzi Mafaro, post: 43628, member: 636"] International money experts visited Zimbabwe to check on the country's finances. The team spent two weeks meeting with government leaders and business people. Zimbabwe keeps its local money stable after years of crazy price increases. Good weather helped farmers grow more crops and gold mining made extra money. The economy should grow 6 percent during 2025. Government workers earn higher salaries and the country spent money hosting African leaders. Zimbabwe borrowed more cash to pay bills and fell behind on other payments. The local ZiG currency lost value quickly one night last September. Prices jumped up fast but came back down when money markets settled. People still prefer using American dollars for most business deals. Money officials want Zimbabwe to balance its budget without printing new cash. The country needs better systems to track spending and prevent waste. Zimbabwe plans to use only local money for all transactions starting in 2030. International lenders cannot help Zimbabwe because it owes too much debt to other countries. The government must fix its spending problems before getting outside financial support. [/QUOTE]
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Nyuuz
IMF Exposes Zimbabwe Cash Crisis
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