Zimbabwe's Finance Minister to Ensure Fiscal Discipline to Tame Inflation

Zimbabwe's Finance Minister to Ensure Fiscal Discipline to Tame Inflation

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses efforts to restore stability in a country facing economic challenges, including high inflation driven by the parallel market. Measures to address these issues include fiscal discipline, reducing government expenditure, and moving towards currency reform. The discussion also covers the conditions necessary for reintroducing a national currency, such as fiscal discipline and building monetary policy institutions. Additionally, the transcript touches on managing international debt and seeking credit lines from various countries and private sectors.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures are being taken to address inflation in the country?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the symptoms of the crisis mentioned in the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the government plan to achieve a single-digit budget deficit?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the inflation figure changed over the last few months according to the text?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What conditions must be met before the introduction of a new currency?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of fiscal discipline in the context of the country's economic situation?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What role do external creditors play in the country's economic recovery efforts?

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