Tuesday 20 November 2018
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newzimbabwe - 12 days ago

Banks Fear Hyperinflation Return in Plea for Zimbabwe Reforms

By Bloomberg News Zimbabwean banks urged the government to introduce wide-ranging reforms amid signs the country is facing an economic crisis reminiscent of a hyper-inflationary spiral a decade ago. Finance Minister Mthuli Ncube is preparing to announce the 2019 budget later this month. He’s juggling a ballooning budget deficit, foreign-exchange shortages that are fuelling inflation, and The post Banks Fear Hyperinflation Return in Plea for Zimbabwe Reforms appeared first on NewZimbabwe.com.

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