IMF praises Zimbabwe’s gold-backed currency, ZiG, as an important policy step.

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Zimbabwe recently rolled out a new gold-backed currency called the ZiG, or Zimbabwe Gold. This move aims to address the currency instability and hyperinflation that has plagued the country for decades. Here are some key points about the ZiG:

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The IMF recognizes the ZiG as an important policy step, and its success will be closely monitored in the coming months


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