Zimbabwe's Severe US Dollar Shortages Set To Worsen
Zimbabwe’s US Dollar shortage is set to worsen due to the late onset of the tobacco marketing season, the Daily News reports.
This was revealed by Ben Gilpin, executive director of the Commercial Farmers Union who spoke to the publication and said:
It’s the cash flow that’s the biggest concern for everyone,The people that provide finance to tobacco farmers did so until the end of March, with the expectation that from April debts are being serviced, but there is no money now.
FeedbackThe economy which was projected to grow by 1.8% initially might also take a knock because of the COVID-19 pandemic that has resulted in the government imposing a 21 days lockdown to curb spreading the virus.
More: Daily News
Latest Samsung Galaxy A05s available on Pindula:
128GB storage, 6GB RAM$148 USD
WhatsApp +263715068543
Tags
0 Comments
Leave a Comment
Generate a Whatsapp MessageBuy Phones on Credit.
More Deals