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Vol 47 No 25

Published 15th December 2006


Zimbabwe

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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