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*Zim trade deficit at over $700 million for first 3 months of 2017* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?bb According to data provided by the Zimbabwe National Statistics Agency (Zimstat), the country’s trade deficit for the first three months of the year stands at over $700 million. The country’s exports stood at $723,8 million which was dwarfed by imports of $1,3 billion. Imports have also been increasing every single month with figures of $384,78 million for January $424,4 million for February and $529 million for March. On the other hand, exports have been going down in the same period starting from $258,7 million in January to $240 million in February and $255 million in March. ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- BancABC group economist Mr James Wadi said: > With legal frameworks such as Statutory Instruments 64 of 2016, it does not automatically mean the reversal of imports lowering them than exports. Such a policy means giving local business a chance to survive by controlling the level of imports into the country. More: Chronicle _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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