Gono worried about imports

Central bank governor Gideon Gono said the country’s economic recovery remained hazy because of its reliance on imports. Imports in the first two months of this year amounted to US$1.3 billion while exports were US$524 million. “We are seeing the growth in our exports but we remain very worried by the extent and level to which we are depending on imports, particularly of finished products. We cannot build a strong economy by exporting jobs,” Gono said.

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