THE International Monetary Fund (IMF) has projected a seven percent inflation target for Zimbabwe for the remainder of the year, assuming that macro-stabilisation is sustained.
The Bretton Woods institution said growth is expected to decelerate to about two percent this year from 5,3 percent in 2023, as the country faces a devastating El Nino-induced drought.
The lender said growth is expected to recover strongly in 2025 to about six percent, supported by a rebound in agriculture and ongoing capital projects in manufacturing