Economic growth set to surpass target: Mthuli

STAFF WRITER
Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube says Zimbabwe’s economy is on track to exceed its initial growth projections, expressing strong confidence that the country will achieve and possibly surpass a 5 % expansion this year, buoyed by improving macroeconomic stability and favourable shifts in global commodity markets.
Prof Ncube said the anticipated growth momentum reflects the strengthening coordination between fiscal and monetary authorities, a development he believes has helped stabilise prices and foster a more predictable operating environment for businesses.
According to the minister, this policy alignment has played a critical role in anchoring inflation expectations and restoring confidence among investors and economic players.
“We are confident that the growth projections will be met. I expect a growth rate of 5% and above. We should be able to meet that,” said Prof Ncube.
He added that the economy may have already delivered stronger-than-anticipated performance in the previous year, with official figures likely to surpass earlier estimates.
“In fact, the growth for last year will be higher than even the 6,6% that we have projected. We are just waiting for Zimstats to finalise their numbers, but it will be higher.”