Zimbabwe Economy to Grow 5 Percent in 2028 After El Niño-Induced Slowdown, Mthuli Ncube Says

Zimbabwe’s economic growth is forecast to recover to 5 percent in 2028 and average above that level through 2030, Finance Minister Mthuli Ncube has said.

Ncube made the remarks in the ministry’s Memorandum of Economic and Financial Policies, contained in the IMF’s staff report on the second review of the 10-month Staff-Monitored Program on Zimbabwe, published late Wednesday.

Zimbabwe’s medium-term economic prospects remain favorable, with economic growth expected to rebound to 5 percent in 2028…