THE Confederation of Zimbabwe Industries (CZI) has cautioned that achieving the government’s inflation targets hinges on authorities creating sufficient demand for the local currency.
While acknowledging the role of tight fiscal and monetary policies in stabilising ZiG inflation, the CZI emphasised that these measures alone are insufficient without a corresponding increase in ZiG use.
The 2025 budget projects an average month-on-month ZiG inflation rate of below three percent, on the back of the continuation of tight fiscal and monetary controls.