Share
Zimbabwe halves 2016 growth forecast, budget deficit widens
As mentioned earlier, Zimbabwe, Finance Minister Patrick Chinamasa halved his 2016 economic growth estimate to 0.6 per cent and said the budget deficit would widen to $1.18 billion - eight times his November 2015 forecast of $150 million. Prosper Chitambara, Senior Research Economist, Labour & Economic Development Research Institute of Zimbabwe and Neville Mandimika, Africa Strategist Global Markets Research at Rand Merchant Bank join CNBC Africa for more.
Fri, 09 Dec 2016 07:48:21 GMT
SIGN UP FOR OUR NEWSLETTER
DAILY UPDATE
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.