Zimbabwe: IMF Projects 6pc GDP Growth for Zim

Zimbabwe's economy is expected to grow by 6 percent this year on the back of a bumper harvest, increased energy production and resumption of greater manufacturing and construction activities, the International Monetary Fund (IMF) has said.

In a statement yesterday after a virtual staff visit led by Mr Dhaneshwar Ghura from June 1 to 15 to discuss recent economic developments and the economic outlook, the IMF team said Zimbabwe had demonstrated resilience in the face of Covid-19 and other shocks such as Cyclone Idai and a protracted drought.

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