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*IMF Revises Zimbabwe's Economic Growth Forecast From 2.7% to 0.8%* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?ia The International Monetary Fund has revised Zimbabwe’s 2020 economic growth forecast which it had initially placed at 2.7% down to 0.8%, The Zimbabwean reports. The global money lender cited the growing socio-economic problems Zimbabwe is facing as its reason for the forecast downgrade. ---------- Pindula is best experienced with the Android App. *Download APK here:* https://zero.pindula.co.zw/media/apps/apks/pindula23.apk _On Econet, Pindula does NOT use your data_ ---------- A report by the IMF on Zimbabwe said: > With another poor harvest expected, growth in 2020 is projected at near zero, with food shortages continuing > ..there was a need to address governance and corruption challenges, entrenched vested interests, and enforcement of the rule of law to improve the business climate and support private sector-led inclusive growth. > Such efforts would be instrumental to advance re-engagement efforts with the international community and mobilise the needed support, Zimbabwe is going through a dire economic meltdown that has seen inflation soar to over 450% for the first time since 2008. More: The Zimbabwean > itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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