Source: Zimbabwe economy to grow more than 7.4% in 2021 – finance minister | Nasdaq
Zimbabwe’s economy is set to grow by more than 7.4% in 2021 after contracting by 4.1% this year, with mining, agriculture and moderating inflation anchoring the recovery, finance minister Mthuli Ncube told parliament on Thursday.
HARARE (Reuters) – Zimbabwe’s economy is set to grow by more than 7.4% in 2021 after contracting by 4.1% this year, with mining, agriculture and moderating inflation anchoring the recovery, finance minister Mthuli Ncube told parliament on Thursday.
Even before the outbreak of COVID-19, the economy was strained by foreign currency shortages, spiralling inflation, unemployment above 90%, a breakdown of social and health and drought that left more than half the population needing aid.
COMMENTS
Of course this prediction is based on hard facts very kindly supplied by Obert.
Ah Mthuli you are. ZANU genius giant – where do you buy your weed to smoke? Please share your secrets – we all need to smoke some of Mthuli Best Mbanji to be on your page!
So if this is the case will you promise to drop all the tax increase next year?
Any growth will be eaten up by inflation.