Zimbabwe finmin says economy to grow at 7.8% in 2021

Zimbabwe is expected to record its highest maize output since 1984

  

JOHANNESBURG- Zimbabwe's Finance Minister Mthuli Ncube said on Thursday the economy was now expected to grow 7.8% in 2021 from an initial forecast of 7.4%, driven by moderating inflation, higher commodity prices and better agriculture harvest.

After two years of recession due to drought and effects of COVID-19 pandemic, Zimbabwe is expected to record its highest maize output since 1984 while a rally in global commodity prices is seen easing shortages of foreign currency.

(Reporting by MacDonald Dzirutwe Editing by Promit Mukherjee) ((promit.mukherjee@thomsonreuters.com; +27 64833 4448;))


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