http://www.economicshelp.org/blog/inflation/inflation-rate-in-zimbabwe/ Economics Blog - current events and economics essays Thu, 18 Mar 2010 19:46:30 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.economicshelp.org/blog/inflation/inflation-rate-in-zimbabwe/comment-page-1/#comment-3059 Gurvinder S Kharbanda Fri, 27 Mar 2009 12:00:31 +0000 http://www.economicshelp.org/blog/?p=1455#comment-3059 The Zimbabwean government's dollarization program has stopped inflation and made food prices more constant. The decision to "dollarize" Zimbabwe's economy, one of the first acts of the new unity government (including erstwhile enemies President Robert Mugabe and Prime Minister Morgan Tsvangirai), has brought a small amount of stability to the economically ruined country. All civil servants now earn a monthly salary of U.S. $100, while shops and banks accept dollars and rands. The Zimbabwean government’s dollarization program has stopped inflation and made food prices more constant. The decision to “dollarize” Zimbabwe’s economy, one of the first acts of the new unity government (including erstwhile enemies President Robert Mugabe and Prime Minister Morgan Tsvangirai), has brought a small amount of stability to the economically ruined country. All civil servants now earn a monthly salary of U.S. $100, while shops and banks accept dollars and rands.

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