The World Bank has pointed out that Zimbabwe’s economy is projected to recover by 3.9% this year.
In report released today, the Bank noted that this is a major improvement, more so following a two-year economic recession.
The projected recovery has been attributed to the performance of the agricultural sector, the falling inflation and the relaxation of COVID-19 measures.
However the world’s biggest financial institution pointed out the COVID-19 pandemic has worsened extreme poverty in Zimbabwe.
-Zwnews
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