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Nalezeno "21/21 Plan": 1473

IMF Warns Zambia Against Dedollarization, Calls Plan Counterproductive


An International Monetary Fund representative has cautioned that Zambia’s proposed dedollarization initiative may inadvertently undermine efforts to contain inflation. The representative expressed concern that the prevailing economic conditions in Zambia are not conducive for the country to proceed...

Uganda Presents Purchase Plan to Return to the Gold Standard


Uganda is aiming to return to the gold standard at some extent with a purchase proposal that seeks to amass more gold to back its fiat currency, the Ugandan shilling. The Central Bank of Uganda will purchase gold from artisanal miners to support their activities and reduce raw gold imports. Uganda...

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