Chinamasa says Govt will not introduce bond notes without exports6 years ago
Responding to MPs’ plea with Treasury to release the entire $200 million support secured from Afreximbank to hedge the bond notes, Finance Minister Patrick Chinamasa, said Government will only release the bond notes into the market if there are exports.
I do not support that we should issue all the bond notes up to $200 million into the market. We made it very clear that the bond notes are only issued relative to exports – no exports, no bond notes in the market, and we are going to stick by that because they are coming in as an incentive to exports.Feedback
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