Highlights . . .
◆ Lending by banks to Government and private sector temporarily suspended.
◆ Compensation for loss of value of bank deposits during 2019 currency changeover.
◆ to settle all foreign currency RBZ allotments within 14 days.
◆ Dual currency system to continue.
◆ The quarterly reserve money growth reduced to zero percent per quarter.
◆ Local currency transfers to continue attracting 2 percent IMMT tax.
◆ Foreign currency transfers to attract 4 percent IMMT tax.
◆ Cash withdrawal for amounts above US$1 000 to attract 2 percent levy.
◆ Financial Intelligence Unit to enhance monitoring of financial transactions.
◆ Government to open up public transport system for other players.