Economy growing faster than expected

Economy growing faster than expected
Published: 23 July 2018
Zimbabwe's economy is growing at a faster rate than expected, with growth for this year likely to beat initial forecasts, senior Government officials and economic analysts have said.

Most companies recorded improved capacity utilisation and revenue performance during the first six months of the year; and these both point to a growing economy.

Government had projected that the economy would expand by 4,5 percent this year, but Finance and Economic Planning Minister Patrick Chinamasa is optimistic that growth could be as much as 6 percent.

Minister Chimanasa said the growth would be underpinned by mining, manufacturing, construction and agriculture.
- The Sunday Mail
Tags: Economy,


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