Global Trade Alert
Global Trade Alert

Zimbabwe: Budget announcement includes removal of Foreign Currency Surrender Requirement

Announcement

17 Mar 2009

In March 2009, the government of Zimbabwe announced a rule change for commercial cross-border financial flows.

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

No implementation date

Revocation date:

No revocation date

Updated: 17 Mar 2009
Controls on commercial transactions and investment instruments

In the 2009 budget statement, made on 17 March 2009, the Finance Minister proposed the removal of the existing foreign currency surrender requirement. These were deemed to be an unnecessary ta...

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