Zero Pindula

WhatsApp Message

*Mangudya Guarantees Financial Sector Stability During His 2nd Term*

*Follow Pindula on WhatsApp for daily new updates*
https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?xq

Dr. John Mangudya, the Reserve Bank of Zimbabwe (RBZ) Governor revealed that he targets to contain money supply in his second and final term.

Mangudya acknowledged various challenges affecting economic growth. He told the ZBC News that measures he is taking will redirect the economy back to a growth trajectory.

----------
itel A70 256GB
$99USD

WhatsApp: https://wa.me/+263715068543
Calls: 0772464000
----------

He also dismissed allegations that he shares a mutually hostile relationship with Finance Minister, Mthuli Ncube. Mangudya also entreated Zimbabweans to be patient with the government as it undertakes various reforms.

During his first term, Dr. Mangudya pledged to resign if the Bond notes would fail. When the Bond note lost its value against the dollar, he argued that the bond had not failed, rather, there was inflation in the land.

There are some who have opposed the renewal of his contract.

*Related:*

Mangudya Releases US$50 Million For Fuel, Situation To Normalise Soon
The Economy Will Stabilise Soon – Mangudya
Mangudya Expects Official & Black Market Rates To Be At Par In 3 Months
How Zimbabweans Reacted To The Extension Of Mangudya’s Contract

More: ZBC News

_If you found this article useful_
*Please support Pindula by forwarding to friends and groups*