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Zimbabwe Contracts

Despite Zimbabwe has a relatively diversified economy with good infrastructure, strong manufacturing and agricultural sectors, a vigorous financial services sector, and extensive mining. But the government of Zimbabwe faces a wide variety of difficult economic problems as it struggles with an unsustainable fiscal deficit, an overvalued official exchange rate, hyperinflation, and bare store shelves. The economy of Zimbabwe is collapsing from economic mismanagement, resulting in unemployment and hyperinflation. The economy poorly transitioned in recent years, deteriorating from one of Africa's strongest economies to the world's worst.

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