Zimbabwe economy to grow more than 7.4% in 2021 – finance minister

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

WORDPRESS: 4
  • comment-avatar
    Mpopota 10 months ago

    Of course this prediction is based on hard facts very kindly supplied by Obert.

  • comment-avatar
    Ndebele 10 months ago

    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!

  • comment-avatar
    Saddened 10 months ago

    So if this is the case will you promise to drop all the tax increase next year?

  • comment-avatar
    citizen 10 months ago

    Any growth will be eaten up by inflation.