Govt weaning off ‘copious’ money printing

PHILLIMON MHLANGA Zimbabwe’s high spending government has eliminated its reliance on ‘copious’ money printing through direct central bank’s monetary financing to fund its operations, Finance and Economic Development minister Mthuli Ncube has said. The curb on the Reserve Bank of Zimbabwe’s (RBZ) overdraft facility means there has been a tight money supply, resulting in a reduction of…






