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Showing posts with label Quick Fix for Zimbabwe. Show all posts
Showing posts with label Quick Fix for Zimbabwe. Show all posts

Tuesday 24 July 2007

Quick Fix for Zimbabwe

Official Stabilization Plan


· Unify official and parallel exchange rates.

· Demonstrate commitment to greater fiscal responsibility.

· Scrap price controls

· Index unit to link non-monetary prices with official daily updates.

· Low new money supply growth.


Quik Fix


· Index unit (USD) to update non-monetary prices daily at the Old Mutual Implied Rate .



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