Mnangagwa hails forex surge, zig stability

Zimbabwe increased foreign currency inflows by 26.8 percent to $10.4 billion through August 2025 compared with the same period a year earlier, President Mnangagwa told lawmakers on Tuesday. Foreign reserves increased to approximately $900 million by late September, up from $700 million in June, earning recognition from the World Bank as a top performer in reserve growth.

The president attributed currency stability to restrictive fiscal and monetary policies that support economic activity. His administration expanded assistance programs for vulnerable populations through food aid, education support and agricultural input schemes targeting women, children, disabled persons and elderly citizens.

The government upgraded Zimbabwe Broadcasting Corporation facilities in Bulawayo and launched Luzibo Radio as an educational channel. Mnangagwa addressed the National Assembly and the Senate, setting legislative priorities for the upcoming parliamentary session.
 

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