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Ziyambi says Mliswa and Biti should suggest ways of strengthening Zimbabwe dollar not to just say they prefer the US dollar

THE TEMPORARY SPEAKER (HON. DR. MAVETERA):  May you please ask your question?

HON. T. MLISWA:  The question is, let us park the RTGS, it is a very weak currency.  Let us adopt the United States Dollar.  The Zimbabwe Dollar is not working, labour and inputs require United States Dollars…

THE TEMPORARY SPEAKER:  Order, order Hon. Mliswa!  He did not ask any question but just gave a suggestion.  – [HON. MEMBERS: Inaudible interjections.] – there was no question that was asked! – [HON. MEMBERS: Inaudible interjections.] – Order Hon. Members! – [HON. T. MLISWA:  I can repeat the question Madam Speaker!] – I gave you an opportunity to pose your question to the Hon. Minister but instead you were busy giving solutions. 

HON. T. MLISWA:  What I am asking Madam Speaker is, what is the component of the USD?  What is the component of the RTGS?

THE TEMPORARY SPEAKER:  What is your question really?

HON. T. MLISWA:  What is the percentage of the USD?  What is the percentage of the RTGS – that is my question.

THE TEMPORARY SPEAKER:  Your question is very specific, meaning the Hon. Minister has to go and research, and come back with detailed information.

HON. ZIYAMBI:  Thank you very much Madam Speaker.  The question that has been asked on the USD335.00; 135 will be paid in RTGS Zimbabwe Dollars.

Madam Speaker Ma’am, what I said before is, if you look at foreign currency; if we look at Botswana and Kenya, their currency is stable.  We cannot throw away our own currency as a country.  What we want is Hon. Mliswa and Hon. Biti to come and give their opinions on how we can strengthen our currency, not that he prefers Biden’s currency, that is not a solution. 

SEE: The United States could run out of money as early as 1 June

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This post was last modified on May 19, 2023 4:42 pm

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Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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