ANNOUNCEMENT 26 Jul 2011

On 26 July 2011, the government presented its mid-term fiscal policy review. The following components of the review have implications for the national trade policy.

NUMBER OF INTERVENTIONS

2

  • 1 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Ministry of Finance (2011). The 2011 Mid-Year Fiscal Policy Review. Available at http://www.zimtreasury.org/downloads/Mid-Year-Fiscal-Policy-Review.pdf


Inception date: 01 Aug 2011 | Removal date: open ended
Still in force

Import tariff

Prolongation of import duty suspension for salt, flour and rice until 31 December 2011 (p.114). Reintroduction of import duty waiver for capital goods used in the tourism sector from 1 September 2011 (p.115). Temporary suspension of import duties on Safari vehicles for six months starting 1 September 2011 (p.116). Reduction of import duty for mild and carbon steel, toolsteel, wire, fasteners, helical springs, hydraulic hollow tubes, and bolts from 1 September 2011 (p.125-6). Duty reduction for pre-paid electricity meters from 1 September 2011 (p.126). Removal of import duty on computer software from 1 September 2011 (p.127). Extentsion of the import duty suspension for motor vehicles imported by physically challenged persons (p.132).
Inception date: 01 Aug 2011 | Removal date: open ended
Still in force

Import tariff

Re-instatement of import duties for maize-meal and cooking oil effective 1 August 2011 (p.114 of source document). Suspension of traveler's rebate on imports of blankets, clothing new or used, footwear, travel bags and stoves from 1 August 2011 (p.122). Raise of the import tariff on potato chips, baked beans, corn snacks, canned peas, mixed fruit jam, and tomato sauce to 25 percent from 1 September 2011 (p.123-4). Raised import duty on school uniforms from 25 to 40 percent plus US$1.50/kg effective 1 September 2011 (p.124). Reintroduction of customs duty on disc ploughs and harrows, mould board ploughs, scarifiers and rippers, cultivators and weeders, mechanical rotary hoes, dam scoops, seeders, planters and transplanters from 1 September 2011 (p.125).