'Zimbabwe economy could collapse on Zimdollar reintroduction'

ZIMBABWE'S economy risks collapsing if the country prematurely re-introduces the local currency, Finance Minister Patrick Chinamasa has said.

The country adopted a basket of multi-currencies in 2009 which mainly includes the United States dollar and the South African Rand, dumping its hyper-inflation ravaged local unit.

Chinamasa told legislators in Parliament on Wednesday the country would continue using multi-currencies as the economy was not yet ready for re-introduction of the local currency.

The remarks followed questions by MDC legislator Nelson Chamisa on when Zimbabwe "as a sovereign state would stop using other nations' currencies."

In dismissing the Zimdollar talk, Chinamasa said: "We do not want to talk about things that can make our economy collapse."