Zimbabwe abandons its currency - DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate

**Gulauur** · 09-03-2012, 08:17 AM

The Zimbabwean government says local people and businesses can use foreign currencies, in a bid to halt runaway inflation.

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**weaddercaps** · 09-03-2012, 08:17 AM

If the situation wasn't so serious I would laugh at this line in the report
Mr Chinamasa made the announcement as he delivered the annual budget to parliament.

How can you budget with inflation being what it is, on an economy that trades on the black market and present to a parliment that doesn't legally exist!!

09-03-2012, 08:17 AM	#1
Gulauur Join Date Oct 2005 Posts 595 Senior Member	Zimbabwe abandons its currency The Zimbabwean government says local people and businesses can use foreign currencies, in a bid to halt runaway inflation. More... Share Share this post on Digg Del.icio.us Technorati Twitter
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09-03-2012, 08:17 AM	#2
weaddercaps Join Date Oct 2005 Posts 594 Senior Member	If the situation wasn't so serious I would laugh at this line in the report Mr Chinamasa made the announcement as he delivered the annual budget to parliament. How can you budget with inflation being what it is, on an economy that trades on the black market and present to a parliment that doesn't legally exist!! Share Share this post on Digg Del.icio.us Technorati Twitter
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