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An open letter to Zimbabwe’s Finance Minister Mthuli Ncube

Finance Minister Mthuli Ncube before presenting his 2024 Mid-Year Budget and Economic Review at the New Parliament Building in Mt Hampden, 25 July 2024

Dear Finance Minister Mthuli Ncube,

As you navigate the complexities of Zimbabwe’s economic landscape, a pressing matter deserves your urgent attention: the persistent depreciation of the Zimbabwe Gold (ZiG) currency, despite rising global gold prices. This situation raises critical questions about monetary policy, economic strategy, and the underlying structures that govern our financial systems.

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