Zimbabwe bans fruits-vegetable imports as Forex crunch deepens

With an immediate effect Zimbabwe bans fruits-vegetable imports to preserve scarce foreign exchange. The announcement in this regard was made by Joseph Made – agriculture minister of the country.

The nation which dumped its currency for the U.S. dollar in 2009 in light of the fact that it was wrecked by hyperinflation is presently running short of dollars and also semi money “bond note” acquainted a year ago with ease money deficiencies.

A year ago Zimbabwe spent more than $80m on fruit and vegetables, as per national measurements organization Zimstat. The produce was including tomatoes, onions, carrots, grapes, apples and oranges.

Reason of stopping the importation of fruit and vegetables to Zimbabwe

The choice was taken by President of Zimbabwe Robert Mugabe as he watched that it was wasting much required foreign money. Zimbabwe depends vigorously on less expensive imports from neighbouring South Africa, its greatest trading partner, and has throughout the years struggled to deliver enough to take care of local demand.

In June, the government likewise restricted maize imports, saying the nation delivered enough to fulfil residential demands.

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