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Zimbabwe’s import bill to reachUS$8,9 billion this year

The country’s current account balance is expected to narrow from a surplus of US$133,9 million in 2023 to a surplus of US$44,5 million in 2024.

THE Reserve Bank of Zimbabwe (RBZ) expects merchandise imports to increase by four percent this year to US$8,999 billion from US$8,656 billion in 2023 attributed to increases in grain, fuel, and raw material imports. Merchandise exports are expected to close the year at US$7,330 billion, a 1,8 percent increase from US$7,251 billion recorded in 2023…

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