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Economy

Zimbabwe's 2024 budget deficit seen at 1.3% of GDP: Finmin

Date: Jul 25, 2024

Zimbabwe's 2024 budget deficit is forecast to be at 1.3% of gross domestic product, Finance Minister Mthuli Ncube said this Thursday.

The finance ministry projected 2024 growth at 2% earlier this month, down from 3.5% it forecast in November, at a time when southern Africa is suffering its worst drought in decades.

--Reuters--