Steps Toward De-Dollarization in Zimbabwe Vice President Constantino Chiwenga stated that Zimbabwe’s new currency, the ZiG, marks a significant move toward phasing out the US dollar in the national economy. Introduced on April 5 as a replacement for the unstable Zimbabwean dollar, the ZiG aims to restore monetary sovereignty in a country where over 80% of transactions are currently conducted in US dollars. Chiwenga emphasized the permanence of the ZiG, highlighting its role in Zimbabwe’s de-dollarization strategy, which focuses on fiscal discipline, monetary prudence, and economic revitalization. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Nobel Economists Unite: Trump's Policies Could Trigger Inflation Surge READ MORE Fed's Tightrope Walk: Balancing Inflation Control and Job Market Stability READ MORE Federal Reserve Reveals Over 1,800 Banks Accessed Emergency Funds Post-SVB Collapse READ MORE Poll Reveals Disconnect Between Americans' Economic Perception and Reality READ MORE December PCE: Core Inflation Dropped More Than Expected READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment