The International Monetary fund today said Zimbabwe’s economic growth is to decline from 9 percent to 5.5 percent this year and attributes this to “an inefficient composition of expenditure, rising vulnerabilities in the financial system, and the recent announcement of the fast-track indigenisation of the mining sector”. It, however, added that there could be better growth if policy challenges are addressed in a timely manner. If not downside risks could include possible political instability and a fall in commodity prices.
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