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People’s version of the 2024 Zimbabwe mid-year budget review

Zimbabwe Finance Minister Mthuli Ncube presented his mid-year budget review on Thursday which, among other things, sought to promote the use of the country’s local currency the Zimbabwe Gold (ZiG).

He said that the country’s economy will grow by only 2% down 1.5% from the previously predicted 3.5% but it is expected to bounce back to 6 % next year, according to the International Monetary Fund..

Ncube produced a simplified people’s version of the mid-year budget review.

Here it is:

Continued next page

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This post was last modified on July 27, 2024 9:06 am

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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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