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Import bill surges to US$9 billion

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ZIMBABWE’S import bill increased by 4,9 percent to US$9,1 billion in 2024, from US$8,7 billion in 2023, largely due to increased grain imports following the El Niño-induced drought, which severely impacted the 2023-24 agricultural season.The 2023/24 season saw Zimbabwe experience its worst drought in 40 years, significantly affecting agricultural output and prompting the government to…

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