Zimbabwe: Mthuli Sets Aside U.S.$150 Million for Currency Reform Losses

29 November 2020

Finance Minister, Mthuli Ncube has set aside a total US$150 million which will go towards compensation to vulnerable households and pensioners who lost value during government's currency reform processes initiated last year.

Presenting the 2021 proposed national budget, Ncube acknowledged the losses suffered by citizens during reform processes triggered by his Transitional Stabilisation Programme.

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