https://en.sputniknews.africa/20260511/1085656644.html
Zimbabwe's Gold-Backed Economy Producing 'Substantial Outcomes,' President Says
Zimbabwe's Gold-Backed Economy Producing 'Substantial Outcomes,' President Says
Sputnik Africa
Zimbabwe's Gold-Backed Economy Producing 'Substantial Outcomes,' President Says On Monday, President Emmerson Mnangagwa inspected the Reserve Bank of... 11.05.2026, Sputnik Africa
2026-05-11T15:07+0200
2026-05-11T15:07+0200
2026-05-11T15:24+0200
sputnik africa
https://cdn1.img.sputniknews.africa/img/07ea/05/0b/1085656297_12:0:837:464_1920x0_80_0_0_30cdd9cd4962a62e1ffbe72ea842de76.jpg
Zimbabwe's Gold-Backed Economy Producing 'Substantial Outcomes,' President Says On Monday, President Emmerson Mnangagwa inspected the Reserve Bank of Zimbabwe’s vaults to verify the country’s gold and ZiG reserves."With over 4 metric tonnes of gold and foreign currency reserves, our ZiG currency remains fully backed and resilient to global economic shocks," he said.These reserves are real assets that support the country's monetary sovereignty, not just figures, the president stressed."As we progress toward our goal of 5 metric tonnes by year-end, we remain committed to fostering a stable, transparent, and prosperous economy for all Zimbabweans."Subscribe to @sputnik_africa Sputnik Africa | X
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
2026
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
News
en_EN
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
Zimbabwe's Gold-Backed Economy Producing 'Substantial Outcomes,' President Says
Sputnik Africa
Zimbabwe's Gold-Backed Economy Producing 'Substantial Outcomes,' President Says
2026-05-11T15:07+0200
true
PT1S
Zimbabwe's Gold-Backed Economy Producing 'Substantial Outcomes,' President Says
Sputnik Africa
Zimbabwe's Gold-Backed Economy Producing 'Substantial Outcomes,' President Says
2026-05-11T15:07+0200
true
PT1S
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
sputnik africa
Zimbabwe's Gold-Backed Economy Producing 'Substantial Outcomes,' President Says
15:07 11.05.2026 (Updated: 15:24 11.05.2026) Zimbabwe's Gold-Backed Economy Producing 'Substantial Outcomes,' President Says
On Monday, President Emmerson Mnangagwa inspected the Reserve Bank of Zimbabwe’s vaults to verify the country’s gold and ZiG reserves.
"With over 4 metric tonnes of gold and foreign currency reserves, our ZiG currency remains fully backed and resilient to global economic shocks," he said.
These reserves are real assets that support the country's monetary sovereignty, not just figures, the president stressed.
"As we progress toward our goal of 5 metric tonnes by year-end, we remain committed to fostering a stable, transparent, and prosperous economy for all Zimbabweans."
Subscribe to @sputnik_africa
Sputnik Africa | X
