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*Zimdollar Return: Nelson Chamisa Castigates 'Guerrilla Economics'* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?ob MDC president Nelson Chamisa has criticised the re-introduction of the Zimbabwean Dollar by the government of Zimbabwe, saying that such a move is ill-advised and confidence-draining. On Monday, the government issued Statutory Instrument 142 of 2019 which effectively ended the multi-currency regime while restoring a mono-currency one. ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* *LATEST: itel S24 (128) $124; S24 (256GB) $159* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- Writing on microblogging site Twitter, Chamisa identified what ought to be in place for the currency to be fully sustainable. He wrote: > GUERRILLA ECONOMICS and ambush currency measures are ill-advised, destructive and confidence-draining. Zim-dollarization requires that macroeconomic fundamentals, public confidence, trust, fiscal discipline, political stability and legitimacy be in place for it to be fully sustainable. Below is Chamisa’s tweet: > GUERRILLA ECONOMICS & ambush currency measures are ill-advised, destructive & confidence-draining. Zim-dollarization requires that macroeconomic fundamentals,public confidence, trust,fiscal discipline, political stability and legitimacy be in place for it to be fully sustainable. > — nelson chamisa🇿🇼 (@nelsonchamisa) June 24, 2019 _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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