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Labrish
Nyuuz
John Mushayavanhu ties ZiG monopoly to economic stability
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[QUOTE="Queen, post: 87561, member: 27"] Zimbabwe's full switch to ZiG for every domestic transaction has no deadline and hinges entirely on hitting a stack of economic benchmarks first. ZiG mono-currency game plan [LIST] [*]John Mushayavanhu laid this out in the 2026 Monetary Policy Statement. [*]The RBZ governor stressed a gradual shift tied to real stability, not calendar dates. [*]National Development Strategy 2 is the broader framework guiding the rollout. [/LIST] Conditions that need to be locked in [LIST] [*]Single-digit inflation has to stick around durably before anything moves. [*]Foreign currency reserves must cover three to six months of imports. [*]Exchange rate swings need to stay minimal with no major over- or undervaluation. [*]A distortion-free forex system is non-negotiable for the transition. [/LIST] Other boxes to check [LIST] [*]Government taxes paid in ZiG need to ramp up significantly. [*]Public sector goods and services should shift toward ZiG pricing. [*]Payment infrastructure has to be seamless and secure nationwide. [*]Fiscal and monetary policy coordination with low deficits is essential. [/LIST] What a mono-currency setup looks like [LIST] [*]Every domestic good and service gets priced exclusively in local currency. [*]Foreign currency would only fly for external-facing transactions. [/LIST] [/QUOTE]
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Labrish
Nyuuz
John Mushayavanhu ties ZiG monopoly to economic stability
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