The cost of Zimbabwe’s exchange rate distortions, has impacted negatively on the country’s economy. Research by Confederation of Zimbabwean Industries and World Bank estimates that Treasury lost at least US$3bn in potential revenue between 2020-2023 due to its handling of the exchange rate. This includes least US$1.15bn potentially lost to informalisation, plus losses from the […]
The post Zimbabwe loses US$13bn from exchange rate distortions appeared first on Zw News Zimbabwe.
