Menu
Home
Forums
New posts
Search forums
What's new
Featured content
New posts
New media
New media comments
New resources
Latest activity
Media
New media
New comments
Search media
Resources
Latest reviews
Search resources
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Labrish
Nyuuz
RBZ to Unveil Measures for Stable Growth
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Nehanda, post: 24136, member: 2262"] Zimbabwe Central Bank Plans New Economic Rules. Zimbabwe's central bank will reveal fresh plans this month to fight rising prices and boost growth. Bank chief John Mushayavanhu said he aims to balance economic growth with stable prices. "Our policy must be careful and flexible," Mushayavanhu told The Herald. "We face the task of cutting inflation without harming growth." The bank created a new finance program to help businesses produce more goods. This plan supports the country's goal of 6 percent growth in 2025. Recent data shows rising costs remain a challenge. The national ZiG price index jumped to 183.76 in January from 166.30 in December. Monthly inflation rose from 3.7 percent to 10.5 percent. US dollar prices also increased. The dollar index climbed from 108.91 to 121.43, with monthly rates up from 0.6 percent to 11.5 percent. Zimbabwe faces several economic hurdles, including high prices, costly loans, cash shortages, and limited foreign money. Key industries like farming and manufacturing need more support. "We target help to areas with the best growth chances," Mushayavanhu said. "This reduces the impact of strict money rules." The bank's upcoming statement will guide businesses through these changes. Leaders want to build market trust and create lasting price stability. The bank chief added, "We must adjust our plans as risks change. Our goal remains steady growth with controlled prices." [/QUOTE]
Insert quotes…
Name
Post reply
Home
Forums
Labrish
Nyuuz
RBZ to Unveil Measures for Stable Growth
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…
Top