Tuesday, July 24, 2007

Zimbabwe c.bank delays monetary policy announcement

(Reuters) - Zimbabwe's central bank on Tuesday said it was indefinitely postponing a much awaited mid year monetary policy statement due next week to give time to analyse the implications of government price controls and an imminent supplementary budget.

Reserve Bank of Zimbabwe Governor Gideon Gono has been tasked by President Robert Mugabe's government to lead efforts to turn around an economy battered by eight years of recession.


Read more at Reuters Africa

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