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RBZ To Start Programs To Contain Hyperinflation In 2020

4 years agoWed, 25 Dec 2019 10:43:31 GMT
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RBZ To Start Programs To Contain Hyperinflation In 2020

The RBZ is reportedly planning to introduce disinflation programs in the new year, Business Times reports. The publication spoke to the RBZ deputy governor Kupikile Mlambo who said:

Inflation has emerged as a major challenge to economic growth and macroeconomic stability.As a way forward, we will put in place a robust disinflation programme in 2020

The Deputy Governor did not shed more light on the supposed programs the RBZ will undertake to curb hyperinflation. Inflation soared to 450+% in November 2019. 

More: Business Times 

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