In its report released today, the IMF said the surplus was due to increased mineral exports, foreign exchange restrictions, lower global oil prices and a surge in remittances from Zimbabweans in the diaspora.
The report also said Zimbabwe recorded a growth of 6.3% last year. This is expected to drop to 3.5% this year and to 3% next year.
(214 VIEWS)
Britain says amendment of the Zimbabwe constitution is a sovereign, legislative matter for Zimbabwe to…
It is now 47 years since I wrote the short story below for a South…
Zimbabwe has released its 2026 monetary policy statement in which it seeks to stabilise its…
Far from it, on paper that is. Ignatius Chombo was one of the longest serving…
Zimbabwe on Thursday announced a ZiG290.9 billion budget with revenue expected to be ZiG287.6 billion,…
The International Monetary Fund says Zimbabwe’s economic recovery in 2025 is stronger than previously anticipated…