‘Adopt data-driven policy’

ZIMBABWE’s economy, which has almost quadrupled over the last 10 years from US$17 billion in 2017 to $66 billion this year, now ranks 14th in Africa, latest figures from the Inter­national Monetary Fund (IMF) show.

MONETARY and fiscal authorities should maintain a data-driven policy approach amid the potential for fuel, food, electricity and imported input costs to generate renewed inflationary pressures, a local research firm has said. The call comes as Zimbabwe has recorded improved macroeconomic stability this year, with annual inflation remaining in single digits and the ZiG exchange…

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