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Labrish
Nyuuz
IMF tells Zimbabwe to fix finances without printing money
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[QUOTE="Munyaradzi Mafaro, post: 45255, member: 636"] The International Monetary Fund finished its work trip to Zimbabwe on June 18th. Wojciech Maliszewski led the team that came for regular talks with government officials. The money experts looked at how the country handles its cash and gave advice about fixing problems. They told leaders to stop printing new money to pay bills because it makes prices go up. The team wants Zimbabwe to find better ways to fund government spending. Government workers must cut costs and watch how they spend public money more carefully. The IMF said officials should protect programs that help poor families during tough times. Leaders need to build a system that tracks where every dollar goes and stops new debt from piling up. The 2026 budget will show if the government really wants to change its bad spending habits. Better money management will help the country gain trust from other nations. The central bank should let the market decide exchange rates instead of controlling them directly. Zimbabwe wants to use just one currency for all local business by 2030. The IMF thinks this plan could work if the government makes smart changes first. Bank customers should keep the right to save money in both local and foreign currencies. Clear communication about these changes will help people understand what comes next. The IMF cannot lend money to Zimbabwe right now because the country owes too much to other lenders. Government leaders must fix their debt problems before getting help from international organizations. The fund will keep giving advice and training to help Zimbabwe improve its economy. [/QUOTE]
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Nyuuz
IMF tells Zimbabwe to fix finances without printing money
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