Mthuli Ncube Undertakes To Bring Back The Zim Dollar
10 September 2018
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By Paul Nyathi|The new Minister Of Finance Dr Mthuli Ncube says that his ultimate wish is to make sure that the country returns to a strong Zimbabwean dollar within the shortest possible time.

Speaking to journalists in an interview after the swearing in of cabinet ministers at State House today, Ncube said the country has three immediate options to return the country to normalcy with the ultimate being to have the country return to using the Zimbabwean dollar.

“Ultimately, I want to be very clear, I want to see the Zimbabwe dollar come back, the sovereign currency,” Professor Ncube said.

Dr Ncube said indicated that the starting point of the economy recovery process was to get rid of the surrogate bond notes currency and replace them with the US Dollar or the South African Rand.

Ncube said they have already set up a fiscal policy that will turn around the country.

“But currency reform alone is not adequate, it needs a second leg. It works with fiscal policy,” added Mthuli Ncube, brimming with confidence.

“There is a plan that we have put in place that I’m going to be accelerating to make sure that this debt issue is dealt with,” Ncube said. “It’s one building block towards creating confidence in terms of investors.”