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*Inflation To Reach 400% By Year-end - Biti* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?rt Former Minister of Finance and Economic Development, Tendai Biti claimed that Zimbabwe’s rate of inflation will be 400 per cent by year-end. Biti’s claim follows rampant prices increases which follow that depreciation in value of the RTGS dollar on the alternative market. ---------- Pindula is best experienced with the Android App. *Download APK here:* https://zero.pindula.co.zw/media/apps/apks/pindula23.apk _On Econet, Pindula does NOT use your data_ ---------- Most retailers recently hiked prices of goods leaving the consuming public in dire straits. Writing on social media, Biti said: > The official rate of inflation is now 66% but those trekking the day to day movement of prices will tell you that it is 270%. > In 10 years this regime has taken us through 2 vicious cycles of disequilibrium. It doesn’t need the genius to foresee that year-end inflation will be 400%. *Related:* *New Currency Announcement Undermines Confidence – ANALYSTS* *Biti Condemns Maize Producer Price Controls* *FULL THREAD: Biti Slams Voodoo Economics, Demands That RTGS$ Be Scrapped* *Govt Will Raid Foreign Currency Accounts: Tendai Biti Warns* *Biti Calls Mangudya, Mnangagwa Highway Robbers And Bandits* itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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