{"id":23900,"date":"2020-06-03T16:30:40","date_gmt":"2020-06-03T14:30:40","guid":{"rendered":"https:\/\/www.africa-press.com\/zimbabwe\/?p=23900"},"modified":"2020-06-03T16:30:40","modified_gmt":"2020-06-03T14:30:40","slug":"adopting-the-us-dollar-is-the-only-option-for-zimbabwe","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/adopting-the-us-dollar-is-the-only-option-for-zimbabwe","title":{"rendered":"\u201cAdopting The US Dollar Is The Only Option For Zimbabwe\u201d"},"content":{"rendered":"<p>Renowned academic and economist, Tony Hawkins has said adopting the US dollar is the only option available for Zimbabwe for the country to reverse the economic collapse which is \u201cworse\u201d than 2007.<\/p>\n<p>In an interview with the\u00a0<em>Daily News<\/em>\u00a0on Monday, Hawkins argued adopting the US dollar will increase economic productivity and end inflation which is now at 756%. He said:<\/p>\n<blockquote><p>The US dollar worked for us in 2009 and helped turn around the economy, which had literally collapsed.<\/p><\/blockquote>\n<p>Right now we are in a similar situation, if not worse, where the local currency is losing value, prices of basic commodities are soaring beyond the reach of many and the exchange rate on the parallel market is running amok.<\/p>\n<p>So, adopting the US dollar is the only option we have because this will ensure that there is price stability.<\/p>\n<blockquote>\n<div class=\"dyA6h17Z\"><\/div>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Renowned academic and economist, Tony Hawkins has said adopting the US dollar is the only option available for Zimbabwe for the country to reverse the economic collapse which is \u201cworse\u201d than 2007. In an interview with the\u00a0Daily News\u00a0on Monday, Hawkins argued adopting the US dollar will increase economic productivity and end inflation which is now [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":23903,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,12],"tags":[239,251],"class_list":{"0":"post-23900","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-policy","9":"tag-economic-chaos","10":"tag-us-dollar"},"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>\u201cAdopting The US Dollar Is The Only Option For Zimbabwe\u201d - zimbabwe<\/title>\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\/adopting-the-us-dollar-is-the-only-option-for-zimbabwe\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u201cAdopting The US Dollar Is The Only Option For Zimbabwe\u201d\" \/>\n<meta property=\"og:description\" content=\"Renowned academic and economist, Tony Hawkins has said adopting the US dollar is the only option available for Zimbabwe for the country to reverse the economic collapse which is \u201cworse\u201d than 2007. In an interview with the\u00a0Daily News\u00a0on Monday, Hawkins argued adopting the US dollar will increase economic productivity and end inflation which is now [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/adopting-the-us-dollar-is-the-only-option-for-zimbabwe\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-03T14:30:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2020\/06\/Forex-Cash-US-Dollars.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"466\" \/>\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\/adopting-the-us-dollar-is-the-only-option-for-zimbabwe\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/adopting-the-us-dollar-is-the-only-option-for-zimbabwe\",\"name\":\"\u201cAdopting The US Dollar Is The Only Option For Zimbabwe\u201d - zimbabwe\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/adopting-the-us-dollar-is-the-only-option-for-zimbabwe#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/adopting-the-us-dollar-is-the-only-option-for-zimbabwe#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2020\/06\/Forex-Cash-US-Dollars.jpg\",\"datePublished\":\"2020-06-03T14:30:40+00:00\",\"dateModified\":\"2020-06-03T14:30:40+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/2e02b5816e71b1149d79877f669a85e4\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/adopting-the-us-dollar-is-the-only-option-for-zimbabwe#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/adopting-the-us-dollar-is-the-only-option-for-zimbabwe\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/adopting-the-us-dollar-is-the-only-option-for-zimbabwe#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2020\/06\/Forex-Cash-US-Dollars.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2020\/06\/Forex-Cash-US-Dollars.jpg\",\"width\":700,\"height\":466},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/adopting-the-us-dollar-is-the-only-option-for-zimbabwe#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.cc\/zimbabwe\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"\u201cAdopting The US Dollar Is The Only Option For Zimbabwe\u201d\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#website\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/\",\"name\":\"zimbabwe\",\"description\":\"\u0623\u062e\u0628\u0627\u0631 \u064a\u0648\u0645\u064a\u0629 \u0639\u0644\u0649 \u0645\u062f\u0627\u0631 \u0627\u0644\u0633\u0627\u0639\u0629\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/zimbabwe\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/2e02b5816e71b1149d79877f669a85e4\",\"name\":\"cfeditoren\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"\u201cAdopting The US Dollar Is The Only Option For Zimbabwe\u201d - zimbabwe","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/adopting-the-us-dollar-is-the-only-option-for-zimbabwe","og_locale":"en_US","og_type":"article","og_title":"\u201cAdopting The US Dollar Is The Only Option For Zimbabwe\u201d","og_description":"Renowned academic and economist, Tony Hawkins has said adopting the US dollar is the only option available for Zimbabwe for the country to reverse the economic collapse which is \u201cworse\u201d than 2007. In an interview with the\u00a0Daily News\u00a0on Monday, Hawkins argued adopting the US dollar will increase economic productivity and end inflation which is now [&hellip;]","og_url":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/adopting-the-us-dollar-is-the-only-option-for-zimbabwe","og_site_name":"zimbabwe","article_published_time":"2020-06-03T14:30:40+00:00","og_image":[{"width":700,"height":466,"url":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2020\/06\/Forex-Cash-US-Dollars.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/adopting-the-us-dollar-is-the-only-option-for-zimbabwe","url":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/adopting-the-us-dollar-is-the-only-option-for-zimbabwe","name":"\u201cAdopting The US Dollar Is The Only Option For Zimbabwe\u201d - zimbabwe","isPartOf":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/adopting-the-us-dollar-is-the-only-option-for-zimbabwe#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/adopting-the-us-dollar-is-the-only-option-for-zimbabwe#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2020\/06\/Forex-Cash-US-Dollars.jpg","datePublished":"2020-06-03T14:30:40+00:00","dateModified":"2020-06-03T14:30:40+00:00","author":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/2e02b5816e71b1149d79877f669a85e4"},"breadcrumb":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/adopting-the-us-dollar-is-the-only-option-for-zimbabwe#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/zimbabwe\/all-news\/adopting-the-us-dollar-is-the-only-option-for-zimbabwe"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/adopting-the-us-dollar-is-the-only-option-for-zimbabwe#primaryimage","url":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2020\/06\/Forex-Cash-US-Dollars.jpg","contentUrl":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2020\/06\/Forex-Cash-US-Dollars.jpg","width":700,"height":466},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/adopting-the-us-dollar-is-the-only-option-for-zimbabwe#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.cc\/zimbabwe\/"},{"@type":"ListItem","position":2,"name":"\u201cAdopting The US Dollar Is The Only Option For Zimbabwe\u201d"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/zimbabwe\/#website","url":"https:\/\/www.africa-press.net\/zimbabwe\/","name":"zimbabwe","description":"\u0623\u062e\u0628\u0627\u0631 \u064a\u0648\u0645\u064a\u0629 \u0639\u0644\u0649 \u0645\u062f\u0627\u0631 \u0627\u0644\u0633\u0627\u0639\u0629","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/zimbabwe\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/2e02b5816e71b1149d79877f669a85e4","name":"cfeditoren"}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/posts\/23900","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/comments?post=23900"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/posts\/23900\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/media\/23903"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/media?parent=23900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/categories?post=23900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/tags?post=23900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}