Zimbabwe Finance Minister Patrick Chinamasa has painted an ugly outlook saying the struggling economy is projected to grow by 1.7% next year.
He said the biggest challenge is under production across all sector.
Recovery rate has been 0.6% for 2016. Growth rate for 2017 is estimated to be 1.7%” he said during his 2017 national budget presentation.
The budget comes few days after President Mugabe’s thin state of the nation address that did little to address the main issues affecting the country.
Here is a summary of today’s budget for 2017
More details follow…
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