Presenting his monetary policy on Thursday last week, RBZ governor Gideon Gono said a large chunk of the loans was channelled towards financing agriculture, manufacturing and distribution while the construction industry received the least.”The lion’s share of loans and advances were deployed towards financing agriculture (19 percent), manufacturing (18 percent), distribution (17 percent), households (16 percent) and services (11 percent),” he said.”Regrettably, the construction sector received the least when it is the barometer that measures economic growth. The mining, transport and communications sub-sectors, accessed relatively smaller proportions of loans and advances extended by banks in 2012,” Gono said.Since the country’s economy was formally dollarised, the construction industry’s capacity utilisation has been low. According to the Construction Industry Federation of Zimbabwe’s…