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Zimbabwe’s government struggles to stop customs duty evasion, threatening economic growth and reform efforts.
Zimbabwe’s government faces mounting pressure to tackle deep-rooted revenue leakages, particularly customs duty evasion on imports, which have harmed local industries for years.
Economists warn that projected 2026 growth of 5% is at risk due to low manufacturing utilization, reliance on volatile commodities, and weak competitiveness.
Experts urge stricter enforcement, closing tax loopholes, phasing out harmful transaction taxes like IMTT, and shifting to profit-based taxation to boost formal investment.
They also caution against policies like the $1,000 bank withdrawal tax, which undermines financial inclusion.
Efforts to combat illicit financial flows and clear $45.6 billion in unvalidated domestic arrears are underway, but progress remains limited amid persistent inflation, currency instability, and public distrust.
El gobierno de Zimbabue lucha para detener la evasión de aranceles aduaneros, lo que amenaza el crecimiento económico y los esfuerzos de reforma.