World Bank warns ZiG rollout too fast

The World Bank cautioned Zimbabwe against rushing to make the ZiG its sole currency, warning that premature dollar phase-out could trigger capital flight. The bank's warning targets the government's 2030 deadline for eliminating domestic dollar use. Separately, the World Bank projects Zimbabwe will miss its 2030 upper-middle-income target, potentially reaching it only by 2036 under current growth trends. The forecast highlights structural economic constraints. The bank's dual warnings underscore the gap between Harare's ambitions and the macroeconomic realities it faces.