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Zimbabwe's Economy
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Zimbabwe gained independence from Britain in 1980, with the Zimbabwe African National Union-Patriotic Front (ZANU-PF) winning the elections and Robert Mugabe becoming the first prime minister. Although Zimbabwe experienced success in the early stages of developing a market-oriented economy, the government now faces numerous economic problems in trying to consolidate its progress. The economy continues to suffer from high levels of inflation, reporting an annual rate of 25% in January 1998, which
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