The Mid-term Monetary Policy Statement outlines the monetary policy stance being pursued by the RBZ in the second half of 2020. The government introduced monetary policy measures during the first half of the year such as the introduction of the Foreign Exchange Auction System in response to the volatility in the pricing of goods and services due to the rising parallel exchange rate premium, the Productive Sector Facility as a way to support the productive sectors with funding requirements, Addressing Cash Challenges through introduction of higher denominations and upward review of cash withdrawal limits.
The World Health Organisation (WHO) declared the Covid19 virus outbreak a Public Health Emergency of International Concern and this saw many nation
Let me start by saying, a real farmer should never lose.
By Adeva Machiso Gwenzi