Zimbabwe’s government has a trust problem as it introduces a discounted currency in a bid to reverse chronic cash shortages that left people struggling to get hold of basic goods.

Businesspeople and economists welcomed last week’s decision to abandon an unrealistic dollar peg for the country’s surrogate bond notes and electronic dollars, which were merged into a new currency called the Real Time Gross Settlement dollar.

“There is nothing to stop Zimbabwe printing money with this new currency,” said Jee-A van der Linde, an analyst at South Africa-based NKC African Economics. “The government has basically kicked the can down the road in recent years by trying to stimulate the economy through excessive spending.”

The last time Zimbabwe had its own currency, a decade ago, Mugabe’s government was able to turn on the printing presses to fund higher salaries for government workers, curry favour with the military and pay political opponents with disastrous economic consequences.

Residents of the capital, Harare, now wait outside banks for hours to withdraw a maximum of around $30 in surrogate money or collect remittances from relatives abroad. Snaking queues have become the norm at petrol stations because of a shortage of fuel.

Zimbabwe’s currency woes have undermined President Emmerson Mnangagwa’s efforts to win back foreign investors who were sidelined under his ousted predecessor, Robert Mugabe.

“It’s quite clear that the minister of finance wants a liberalised currency regime, whereas the governor of the Reserve Bank doesn’t,” said Eddie Cross, a Zimbabwean economist and former opposition lawmaker.

Whether Zimbabwean policymakers can convince their doubters, both in financial markets and on the streets, will be central to the success or failure of the new RTGS dollar.

Zimbabwe ditched its own currency for the U.S. dollar and other currencies in 2009, after hyperinflation reached 500 billion percent the previous year.

But as a chronic hard currency shortage worsened, it introduced a parallel system of bond notes and electronic dollars, nicknamed “zollars.” The substitute currencies were pegged at 1:1 to the U.S. dollar but traded at a discount on the black market.