'We are willing to work with Zimbabwe, but it should have its own currency' - US
Harare – United States President Donald Trump's administration has reportedly said that it is committed to work with President Emmerson Mnangagwa’s government, adding however, that Zimbabwe should "stop relying on the US dollar and instead introduce its own currency”.
Acting Assistant Secretary for African Affairs Don Yamamoto reportedly told the Zimbabwe Independent on Tuesday from Washington DC during a press briefing on the US strategic priorities that his country was keen to work with Zimbabwe on economic and political reforms so as to help put the country in the right direction.
According to The Independent, Yamamoto said: "Today it (Zimbabwe) imports food; its financial institutions are not in great shape. They have to go into the US dollar. That’s good and bad; I mean, it stabilises, but it’s bad because Zimbabwe should have control of its own finances. It shouldn’t be dependent on United States or outside. And those are some of the reforms that we recognise need to be done immediately in short-term and also long-term.”
“And so we were committed to working with the Mnangagwa government, and also the people of Zimbabwe to really effect strong institutions, democratic processes and really economic and political reform that are meaningful and will get the country moving in the right direction.”
Yamamoto said this last week in Washington DC during a press briefing on the US strategic priorities.