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The mission met with government officials from the Ministry of Finance and Economic Development (MoFED), comprising the departments responsible for debt management (DeM), id est the Public Debt Management Office (PDMO), executing the middle and back office functions, and the Departments of...
Persistent link: https://www.econbiz.de/10012646827
This paper examines the challenges and policy options after hyperinflation in Zimbabwe. The paper reviews the pros and … cons of alternative monetary regimes for Zimbabwe to succeed the current multicurrency system, which the authorities …. The paper also assesses competitiveness and external sustainability in debt-distressed Zimbabwe. It also makes a case for …
Persistent link: https://www.econbiz.de/10014401597
curtailed access to foreign financing in Zimbabwe. The new economic team has taken steps in devaluing the currency and raising … strong policies, backed by a broad domestic consensus, will help restore Zimbabwe's status as an anchor of stability and …
Persistent link: https://www.econbiz.de/10014398957
There are 22 countries in Sub-Saharan Africa (SSA) with floating exchange rate regimes, de jure. Some target the money supply or the inflation rate; others practice ""managed floating."" Statistical analysis on monthly data for the past decade reveals that in most cases these exchange rate...
Persistent link: https://www.econbiz.de/10014398650