Zinara pushes ZiG liquidity into road infrastructure
The Zimbabwe National Road Administration (Zinara) has disbursed over ZiG 2 billion to local authorities for road maintenance, signaling an effort to circulate the local currency through public works. This follows a larger disbursement of ZiG 3.8 billion in the previous half-year, reflecting a sustained attempt to utilize the ZiG for national infrastructure projects. Supporters argue that this spending is vital for service delivery, while opponents counter that the reliance on the ZiG for large-scale projects risks further currency devaluation if productivity does not match the liquidity injection. The strategy is to create a domestic demand for the ZiG by mandating its use in government-funded infrastructure. By funneling billions into local road networks, the state is attempting to force the adoption of the local currency. A fiscal maneuver to drive ZiG circulation through state-led infrastructure spending.