Zimbabwe Targets 5% Growth In 2023

Finance Minister Mthuli Ncube says Zimbabwe’s economy is now forecast to grow 4.6% this year, down from an earlier forecast of 5.5%. <br />Ncube says the lower forecast was because of the global economic environment and the country’s own circumstances including a poor agricultural season. <br />He says the country would target a budget deficit of below 3% of the gross domestic product in 2023 adding next year the government was targeting 5% growth.