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Vol 61 No 21

Published 22nd October 2020


Zimbabwe

The limits on the economy

As dissent grows and government lacks finance for a new land scheme, the finance minister insists prospects are brightening

Rejecting the gathering gloom about the national economy, Finance Minister Mthuli Ncube released a budget strategy paper on 16 October forecasting the economy would grow by 7.4% next year after shrinking 4.5% this year. This would be based, he insisted, on a boom in agriculture and mining, particularly the gold sector, as prices for the metal reach record levels.

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