{"id":23098,"date":"2020-05-13T21:17:25","date_gmt":"2020-05-13T19:17:25","guid":{"rendered":"https:\/\/www.africa-press.com\/zimbabwe\/?p=23098"},"modified":"2020-05-13T21:17:25","modified_gmt":"2020-05-13T19:17:25","slug":"zimbabwe-now-printing-more-money-mthuli-ncube-reveals","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/zimbabwe-now-printing-more-money-mthuli-ncube-reveals","title":{"rendered":"Zimbabwe Now Printing More Money, Mthuli Ncube Reveals"},"content":{"rendered":"<p>Africa Press-Nigeria:<\/p>\n<p>Zimbabwe\u2019s finance minister Mthuli Ncube has revealed that Zimbabwe is now printing more money.<\/p>\n<p>The minister said on Twitter today that the objective is to raise funds for an $18 billion economic stimulus package.<\/p>\n<blockquote><p>Global Financing Facility discussion: I explained Zimbabwe\u2019s $18 billion economic stimulus package. The package includes a combination of fiscal measures and budget re-prioritization, and monetary measures in the form Quantitative Easing and lowering lending rates.<\/p><\/blockquote>\n<p>Quantitative Easing is a monetary policy whereby a central bank injects money into an economy. It is generally considered to be an unconventional form of monetary policy.<\/p>\n<p>President Mnangagwa\u00a0<a href=\"https:\/\/news.pindula.co.zw\/2020\/05\/01\/mnangagwa-announces-zw18-billion-economic-rescue-and-stimulus-package\/\">announced the $18 billion stimulus package on 1 May.<\/a>\u00a0The objective of the package is to mitigate the negative impact caused by the novel coronavirus on the national economy. Mnangagwa said the package is equal to 9 percent of the country\u2019s Gross Domestic Product (GDP).<\/p>\n<div class=\"google-auto-placed ap_container\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Africa Press-Nigeria: Zimbabwe\u2019s finance minister Mthuli Ncube has revealed that Zimbabwe is now printing more money. The minister said on Twitter today that the objective is to raise funds for an $18 billion economic stimulus package. Global Financing Facility discussion: I explained Zimbabwe\u2019s $18 billion economic stimulus package. The package includes a combination of fiscal [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":18986,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6],"tags":[34,807],"class_list":{"0":"post-23098","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-economy","9":"tag-emmerson-mnangagwa","10":"tag-mthuli-ncube"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Zimbabwe Now Printing More Money, Mthuli Ncube Reveals - zimbabwe<\/title>\n<meta name=\"description\" content=\"Africa Press-Nigeria:Zimbabwe\u2019s finance minister Mthuli Ncube has revealed that Zimbabwe is now printing more money.The minister said\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-now-printing-more-money-mthuli-ncube-reveals\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Zimbabwe Now Printing More Money, Mthuli Ncube Reveals\" \/>\n<meta property=\"og:description\" content=\"Africa Press-Nigeria:Zimbabwe\u2019s finance minister Mthuli Ncube has revealed that Zimbabwe is now printing more money.The minister said\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-now-printing-more-money-mthuli-ncube-reveals\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-13T19:17:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2020\/02\/Prof-Mthuli-Ncube1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"680\" \/>\n\t<meta property=\"og:image:height\" content=\"380\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-now-printing-more-money-mthuli-ncube-reveals\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-now-printing-more-money-mthuli-ncube-reveals\",\"name\":\"Zimbabwe Now Printing More Money, Mthuli Ncube Reveals - 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