ZiG Drop Forces Zimbabwe Government to Cut Spending Ahead of Budget

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ZiG Drop Forces Zimbabwe Government to Cut Spending Ahead of Budget
ZiG Drop Forces Zimbabwe Government to Cut Spending Ahead of Budget

Africa-Press – Zimbabwe. The devaluation of the ZiG, short for Zimbabwe Gold, is forcing the government to cut spending on certain budget items. Cost-containment measures include limiting foreign travel, deferring local workshops, and cutting fuel allocations by 50%. The southern African country is set to present its 2025 budget at the end of November. Bloomberg’s Ondiro Oganga reports.

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