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Vol 47 No 25

Published 15th December 2006


An economic fairy tale

Goverment data on the economy reads like fiction

Finance Minister Herbert Murerwa's 4.3 trillion Zimbabwe dollar (officially US$17.2 million) budget for 2007 passed through Parliament on 7 December with no debate about its untenable assumptions. It projects that the world's fastest-shrinking economy will grow by 1% next year, with 9.4% growth in agriculture, 4.9% in mining, and tourism and manufacturing set to grow 'marginally'.

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