
Maybe Robert Mugabe isn't a great fan of the West but it appears that a Western countries currency may have finally halted the raging inflation in the country.
From 231,000,000 per cent back in October,the latest figures are showing minus 3.1 per cent in February as a result of the dollarisation of the economy.
What that means is that besides both the American Dollars and the South African Rand now being accepted in the shops,many government salaries are now paid in dollars.
The result is that for the first time,prices are now staying at the same level for days on end whereas before shopkeepers were having to recalculate at least twice a day.
The policy comes on the back of the power sharing agreement between Mugabe and Morgan Tsvangirai.
Last week Finance Minister Tendai Biti said the Zimbabwe dollar had essentially died. He also predicted single-digit inflation by year-end.
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