Categories: Stories

Ordinary Zimbabweans not benefitting from economic growth- IMF

Although Zimbabwe’s real gross domestic product grew by an estimated 6 percent in 2009 and 9 percent in 2010, growth benefits have not trickled down to ordinary Zimbabweans because the country’s budget is heavily tilted toward increasing the government wage bill with insufficient resources being allocated to social programmes and high-priority infrastructure, the International Monetary Fund said yesterday.

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Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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