Zimbabwe pledges $25m for 2008 pensioner hyperinflation compensation and $175m for 2009 multi-currency shift losses.

Zimbabwe's government has allocated $25 million to compensate pensioners affected by hyperinflation in 2008, targeting those eligible for pre-2009 payments. In July 2022, an additional $175 million was pledged for losses incurred during the shift to a multi-currency system in 2009. A 2015 inquiry highlighted that regulatory failures led to significant value erosion for policyholders and pension members, prompting these compensation efforts.

September 23, 2024
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