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Chinamasa contradicts Mugabe on economic outlock
08 Dec 2016 at 08:06hrs | Views
Finance Minister Patrick Chinamasa has painted a gloomy economic outlook saying the struggling economy is projected to grow by 1.7% next year.
He said the biggest challenge is under production across all sector.
"Recovery rate has been 0.6% for 2016. Growth rate for 2017 is estimated to be 1.7%" he said during his 2017 national budget presentation.
However, on Tuesday President Robert Mugabe said the economy is on a recovery path.
More to follow...
He said the biggest challenge is under production across all sector.
"Recovery rate has been 0.6% for 2016. Growth rate for 2017 is estimated to be 1.7%" he said during his 2017 national budget presentation.
However, on Tuesday President Robert Mugabe said the economy is on a recovery path.
More to follow...
Source - Byo24News
