Zimbabwe announces measures to boost local currency use

HARARE, July 25 (Xinhua) -- Zimbabwean Finance Minister Mthuli Ncube on Thursday unveiled further measures to increase the use of the newly-introduced currency Zimbabwe Gold (ZiG) to sustain macroeconomic stability.

Ncube said in his 2024 mid-term budget speech in the parliament that since ZiG's introduction in April, Zimbabwe's economy has experienced price and exchange rate stability, hence the need for furthe