Chinamasa says if Zimbabwe releases $100 million today this would disturb the economy

 *HON. CHINAMASA: Hon. Mudzuri is talking as if he manufactures the US dollars. Those who manufacture the green back…

HON. P. D. SIBANDA: On a point of order. I believe that the first part of the response by the Hon. Minister must be withdrawn because it is unparliamentary. When the Hon. Member asked that question, he is not asking on his own behalf but rather he is asking because it is a concern which is coming from Zimbabweans that have got a right to access their money in the currency that they deposited it into the banks. For the Hon. Minister to indicate that VaMudzuri vanotaura kunge vanobika maUS dollars, it is a bit arrogant. I thank you.

*HON. CHINAMASA: I have answered the question. There is nothing to add from what I have said before. What I have said is that the Central Bank is aware and is seized with the matter that the money circulation is tight and they are going to increase in line with the country’s needs. If we put US$100m right now, it will disturb the economy. You will not understand it. They found it prudent that the bond notes be released gradually and increase when the demand is higher like this festive season.

Those who are withdrawing their money are the ones that have money in the banks. There is no one who is going to the queues who is not getting their money. All the people are getting the allocations that they are supposed to get.

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