Growth to slow in 2012

Finance Minister Tendai Biti today said Zimbabwe’s economy will grow at a slower pace in 2012 than this year as politics puts a drag on full recovery and inflation should stay in single figures, partly due to prudent fiscal policy. “You may ask why we are discounting the GDP, we are making the assumption that there will be corrosive politics in 2012, election talk, which will affect the economy,” Biti said.

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