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VisitZimbabwean GDP Growth Outcome in 2025
Growth • 33%
Stagnation • 33%
Recession • 33%
International Monetary Fund (IMF) or World Bank GDP growth reports
Zimbabwe Shifts to Gold-Backed Currency, Enforces Official Exchange Rate
May 10, 2024, 08:25 AM
Zimbabwe has announced a significant shift in its monetary policy by converting its annual budget to a new gold-backed currency, the ZiG, which was introduced in April. The government is also implementing regulations to enforce the use of the ZiG, mandating that all goods and services within the economy be priced using the official exchange rate. Additionally, measures are being put in place to penalize individuals and businesses that do not adhere to the official exchange rate, with fines for those using inflated rates.
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Increase • 33%
Decrease • 33%
Unchanged • 34%
Above 5% • 25%
Between 2% and 5% • 25%
Between 0% and 2% • 25%
Negative • 25%
Significant economic growth • 25%
Moderate economic growth • 25%
Economic stagnation • 25%
Economic decline • 25%
Below 3% • 33%
Between 3% and 5% • 34%
Above 5% • 33%
No significant change • 25%
Positive impact • 25%
Neutral impact • 25%
Negative impact • 25%