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Zimbabwe: Reducing the GMB Producer Price to Import Parity Price Level - Is It Justifiable?

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[Financial Gazette] While presenting his 2016 Mid-Year Fiscal Policy Review statement to Parliament two weeks ago, Finance Minister, Patrick Chinamasa, suggested that the maize producer price that the Grain Marketing Board (GMB) pays, be gradually converged with the import parity price (IPP) starting with the 2016/17 season. ......

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