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*Zim Has Lost $17 Billion In Agricultural Exports, Production Since 2000 - Robertson*

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Economist John Robertson has said that since the year 2000, Zimbabwe has lost approximately $17 billion in exports and production. Robertson attributed this loss to the chaos which occured when the government seized land. Said Robertson,

> To calculate the total loss incurred by the country… the $16,9 billion worth of production lost would only be the start (and) Zimbabwe became a net importer … from 1998 as most of the food-processing companies reduced output, then closed down when commercial farmers suppliers went down.

> Others were forced to close when price controls were imposed. Non-food agricultural declines such as cotton and timber production also caused the failure of most textile, clothing and paper-making companies…food, textiles and paper imports over the past 20 years have more than surpassed aggregate exports then.

More: Financial Gazette

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