‘Bond Notes to Unlock $6bn Exports’

Monday, June 27, 2016

THE adoption of bond notes will assist Zimbabwe to double its export earnings to $6 billion per year from around $3 billion thereby narrowing the trade deficit through increased domestic production, a Cabinet Minister has said. Finance and Economic Development Minister Patrick Chinamasa said the introduction of bond notes, which are expected to circulate in October, will incentivise exports and buttress the multiple currency system that was adopted in 2009.

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