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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?cf 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. ---------- *Latest itel S24 now available on Pindula* $124 Cash on Delivery in Harare & Bulawayo. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- 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 > _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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