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Government urged to cut dependence on primary products

    JOHANNESBURG

    Zimbabwe has been urged to cut its reliance on primary exports and boost production of finished goods which fetch a higher price on world markets.

    Economic consultant John Robertson told Reuters: “We’ve got to export more finished goods which we can export at prices we decide.” Robertson added that one of the main difficulties facing Zimbabwe was that a lot of time and money was spent on producing raw commodities.

    He said that the government could boost the manufacturing sector by reducing import tariffs. Last year the Zimbabwean economy grew by an estimated 1.6 percent and this year the figure is expected to drop below 1.5 percent.

    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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