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HomeBitcoinZimbabwe Not Ready to De-Dollarize, Says Finance Minister

Zimbabwe Not Ready to De-Dollarize, Says Finance Minister

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Zimbabwe’s Finance Minister Mthuli Ncube stated that the country must regain access to credit lines before adopting the Zig as its sole currency. He emphasized the need to restructure $21 billion in debt, as Zimbabwe has been locked out of capital markets since 1999 due to defaulting on its debt. Clearing arrears would enable access

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