Mthuli Maintains The Economy Will Grow By 3% In 2020

The Finance Minister remains confident the Zimbabwean economy will grow by 3% in 2020, The Sunday Mail reports.

Speaking to the publication, Professor Ncube stated his reasons why he is that optimistic:

I have seen the forecasts doing the rounds, the EIU (London-based Economist Intelligence Unit) in particular, showing a very huge negative growth (minus 13 percent), but we are optimistic as Government. We projected growth to be at 3 percent.

We have our reasons. It’s been a better rainy season, stronger commodities and a more expansionary fiscal space. Our forecast on productivity is what will deliver this growth.

Mthuli’s forecasts are in spite of the 400% inflation and the exponentially rising cost of living.

More: The Sunday Mail

Join WhatsApp & Telegram News Groups:

WhatsApp Group:

Telegram Group:

Back to top

One Comment on “Mthuli Maintains The Economy Will Grow By 3% In 2020

  1. This man is clearly singing for his Swiss bank account. He comes out with soooooo much rubbish. He is a fraudster of the highest order.

Write a Comment

Your email address will not be published.

Share Full Post

Nyaradzo logo

RSS Recent Profiles Created