Zimbabwe
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. Its 1998-2002 involvement in
the war in the Democratic Republic of the Congo drained hundreds of
millions of dollars from the economy. The government's land reform
program, characterized by chaos and violence, has badly damaged the
commercial farming sector, the traditional source of exports and
foreign exchange and the provider of 400,000 jobs, turning Zimbabwe
into a net importer of food products. The EU and the US provide food
aid on humanitarian grounds. Badly needed support from the IMF has
been suspended because of the government's arrears on past loans and
the government's unwillingness to enact reforms that would stabilize
the economy. The Reserve Bank of Zimbabwe routinely prints money to
fund the budget deficit, causing the official annual inflation rate
to rise from 32% in 1998, to 133% in 2004, 585% in 2005, past 1,000%
in 2006, and 26,000% in November 2007, and to 11.2 million percent
in 2008. Meanwhile, the official exchange rate fell from
approximately 1 (revalued) Zimbabwean dollar per US dollar in 2003
to 30,000 per US dollar in September 2007.
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Field Listing :: Pipelines
This entry gives the lengths and types of pipelines for transporting products like natural gas, crude oil, or petroleum products. Country
Pipelines(km)
Afghanistan
gas 466 km (2008)
Albania
gas 339 km; oil 207 km (2008)
Algeria
condensate 1,937 km; gas 14,648 km; liquid petroleum gas
2,933 km; oil 7,579 km (2008)
Angola
gas 2 km; oil 87 km (2008)