Well, it remains to be seen if they will be honest with the people. I would like to know who the auditors are and if the reserves will be maintained. I am not putting my hand in the fire, given the past. This does not inspire confidence, but only time will tell.

https://myafrikamag.com/transparency-takes-center-stage-annual-audits-on-reserves-backing-new-gold-backed-currency/

siggy47

How can the public trust that this new currency backed by gold reserves will be managed differently than previous currency issuances? How the Government plans to build public trust in the new system.

econ

Zimbabwe central bank ironing out wrinkles in new currency

> How can the public trust that this new currency backed by gold reserves will be managed differently than previous currency issuances? How the Government plans to build public trust in the new system.
> - The structured currency will be fully backed by foreign currency and precious metals, mainly Gold, which will be audited by independent external auditors.

https://www.rbz.co.zw/documents/press/2024/April/Questions_on_the_Structured_Currency_APRIL_2024.pdf
