1. Pass a law forcing gvt to live within its means. It has to be a law, that can only be overturned by a 60% vote in Parly.
2. Remove Mangudya, (the reason for lack of confidence in the banking systm & economy in general)
3. Put restrictions on repatriation of funds & offshore payments for 10 years. This'll do 2 things:
a) minimise the practice of sending forex to offshore tax havens by Co.s & individuals
b) disincentivize the rent seeking & dumping by SA, Chinese Co.s etc who..
..during dollarisation, only used Zim as a source of US$s using an inflated pricing model
4. Take up @BusisaMoyo's suggestion of a Social Contract BUT the contract must be on reducing US$ wages across the board to ½ or 75% of where they were at height of dollarisation...
...linking this to an agreement on pricing that aligns our prices with Zambian or SA prices. Why? Becoz the reason our exports were not competitive & will be again if we redollarise was becoz everything in Zim was overpriced starting with labour.
5. Stop gvt subsidising things electricity, agric. Make consumers pay market prices for power & leave banks to finance Agric using a commercial model, where those who don't pay back lose property.
If this (& more) is done, confidence will return in about 5 years BUT..
..the US$1.4 billion currently circulating outside the formal system will slowly start flowing into the banking system. Gvt to contain wage bill (remember when we 1st dollarised, gvt was paying teachers US$100 per month in vouchers & people think that was a Golden Age!)