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Home » Zimbabwe’s economy to grow 2,5pct: IMF

Zimbabwe’s economy to grow 2,5pct: IMF

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THE International Monetary Fund (IMF) has cut its 2023 growth forecasts for Zimbabwe to 2,5 percent from an earlier projection of 2,8 percent, amid rolling power cuts, currency volatility and high borrowing costs. The new projection is in line with that of the African Development Bank, which expects growth to average 2,9 percent, but lower…

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