According to figures released by the Reserve Bank of Zimbabwe today, 505 major firms got US$84 million while 1 565 small and medium enterprises were allotted $15.5 million.
Raw materials accounted for 49% of the money allotted while 23% was for machinery and equipment.
The auction accounted for 20% of the foreign currency that was paid out in the first half of this year.
The bulk, 78%, was from foreign currency accounts.
The interbank market accounted for only 2%.
Here is where the money went in June:
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This post was last modified on July 8, 2022 2:57 pm
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