Richard Mawarire (Economic Analyst)
At the centre of Zimbabwe’s economic problems is the question around currency. Over the past ten years, Zimbabwe has had a perpetual currency headache, off course with relief in the years 2009 to 2013 when the country enjoyed widespread economic growth and stability under a predominantly United States dollar dominated economy.
2014 and beyond witnessed the recurrence of currency problems, leading to the Central Bank introducing the bond notes under a $200 million “export incentive” scheme underwritten by Afrexim.
This piece will seek to explore possible measures that the economy might pursue to solve the economy’s currency dilemma. I will also try and predict a possible timeline (see attached diagram) that will guide all the possible policy options that can be adopted there in.