Story by Yolanda Moyo
ZIMBABWE’s economy is projected to grow by 6.6 percent in 2025, an upward revision from the initial forecast of 6 percent, with gross domestic product (GDP) expected to surpass US$52 billion by year-end.
The revised forecast was announced at the Zimbabwe Economic Development Conference currently underway in Bulawayo, where policymakers, academics, and industry leaders are discussing strategies to sustain growth.
Addressing delegates, the Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube, attributed the upward revision to strong performance in the agricultural sector, particularly tobacco, and mining sector growth.
The improved outlook is also being supported by macroeconomic stability, with inflation continuing to moderate since the introduction of the Zimbabwe Gold (ZiG) currency in April last year.
The ZiG currency has seen increased stability, narrowing exchange rate gaps between formal and parallel markets, while prudent fiscal and monetary policies have created an environment conducive to investment and growth.
