JUST IN: Higher denominations coming

Zvamaida Murwira

Senior Reporter

Government will soon unveil higher denominations of money to bring convenience to the transacting public but has to do so with caution to avoid inflationary pressures, Secretary for Finance and Economic Development, Mr George Guvamatanga has said.

He said some coins and bond notes will gradually be withdrawn from circulation when Government ultimately introduce higher denominations.

Mr Guvamatanga said this today while responding to questions from journalists during a media briefing in Harare that was organised by Finance and Economic Development Minister Professor Mthuli Ncube.

Related Posts

IMF impressed by Zim economy . . . meets all end-March targets . . . rating boon for economy

Nqobile Bhebhe-Zimpapers Business Hub ZIMBABWE has reached another significant milestone in its economic reform and international re-engagement drive after the International Monetary Fund (IMF) Management approved the completion of the…

Govt to pursue pensions, benefits for SA returnees

Zvamaida Murwira-Senior Reporter GOVERNMENT will engage South African authorities over unpaid benefits and pensions for Zimbabwean returnees under the ongoing repatriation exercise. Speaking to journalists at a post-Cabinet media briefing,…

Leave a Reply

Your email address will not be published. Required fields are marked *

×