The money boss, Professor Mthuli Ncube, says Zimbabwe needs more time before it can use only one type of money. The country wants everyone to use a special money called ZiG, but they must first make sure they have enough savings.
Professor Ncube explains that Zimbabwe needs to save a lot of money to protect ZiG. Other countries around the world keep enough money to buy things from other places for six months. Zimbabwe wants to be like these countries before they tell everyone to use only ZiG.
The country also needs to pay back money it borrowed from other places. Professor Ncube wants to ensure Zimbabwe starts paying this money back. If it owes a lot of money to other countries, its own currency will weaken.
The professor and his team want to be very careful about making these big changes. They want to make sure everything works well for everyone who lives in Zimbabwe. They will keep working hard until they have everything ready for the new money system.
Professor Ncube explains that Zimbabwe needs to save a lot of money to protect ZiG. Other countries around the world keep enough money to buy things from other places for six months. Zimbabwe wants to be like these countries before they tell everyone to use only ZiG.
The country also needs to pay back money it borrowed from other places. Professor Ncube wants to ensure Zimbabwe starts paying this money back. If it owes a lot of money to other countries, its own currency will weaken.
The professor and his team want to be very careful about making these big changes. They want to make sure everything works well for everyone who lives in Zimbabwe. They will keep working hard until they have everything ready for the new money system.
