News:Chinamasa says bond notes will not be imposed on anyone

From Pindula

<vote /> Finance Minister Patrick Chinamasa has ruled out the use of the South African Rand as the sole official trading currency citing the Government of Zimbabwe did not intend top adopt one currency but would maintain a multi-currency system.

While presenting a ministerial statement on the state of the economy and the introduction of bond notes, Chinamasa said that

"There have been calls for the adoption of the South African rand as the transacting currency by many people. The rand remains part and parcel of the multi-currency system and economic players are free to switch to any as a way of managing their operations. We do not intend to adopt a single currency, but we will continue to bolster the strength of our multi-currency system."

Chinamasa also said that the bond notes will not be imposed on anyone. He said

, "It is also important to note that the bond notes will not be forced to people who do not like them especially if you are not an exporter. It does not mark the return of the Zimbabwe dollar as key fundamentals are not yet present."

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