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Al Jazeera
Al Jazeera
World
Haru Mutasa

Zimbabwe: Transaction tax causing a cash crisis

Zimbabwe: Transaction tax causing a cash crisis

The International Monetary Fund and World Bank have approved plans for Zimbabwe to pay back more than $2bn in debt, a vital step to secure new loans to revive the economy.

The government recently imposed a tax on bank transactions that has been blamed for raising prices and causing shortages, severely affecting the health sector.

 

Al Jazeera's Haru Mutasa reports from Harare.

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