l This will be the third year of economic contraction l Real GDP growth contracted 8% in 2001 Ð with 12% forecast this year l Shortages of foreign exchange, food and fuel (to name a few) l Inflation accelerated to 139.9% in September l Parallel exchange rate estimated at ZWD1500/USD-ZWD2000/USD l Official exchange rate ZWD55/USD l Some 7-million facing starvation l Unemployment close to 70%
THE FOLLOWING facts paint a depressing picture for Zimbabwe:
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