Chinamasa urges Zimbabweans not to use US dollar to buy useless things

Speaking on Friday, Finance Minister Patrick Chimanasa said that the United States dollar should not be used to buy useless things as the country has to import it for use locally.

Said Chinamasa:

Pano unototenga mazhanje, ipwa, mbeva ne US dollar (you buy mazhanje, sweet reeds and mice with the dollar) and things like that, it has never happened anywhere. The measure that we have introduced is to move away, the only way we can make US dollar available in this country is through exports. That foreign currency is hard earned foreign currency and should not be used to buy useless things when you get it.

He also said through the introduction of bond notes, the Government was moving away from an overly liberalised foreign exchange market to one which is managed.

More: Sunday News