President Emmerson Mnangagwa has predicted that Zimbabwe’s economy will grow by 6% this year, depending on increased productivity in agriculture, mining and manufacturing.
Mnangagwa said so in his 42nd Independence Day commemoration speech Monday in Bulawayo.
“In 2021, the economy grew by 7.4%, while in 2022 it is projected to grow by 5.5%, leveraging on the peaceful environment, increased production and productivity, infrastructural development, a buoyant mining sector as well as a recovering tourism and hospitality industry,” he said.
He revealed that his government is steadfast in its commitment to creating opportunities in agriculture, mining, manufacturing, tourism, infrastructure, health, education and other economic sectors.
Zimbabwe government figures show that the economy grew by just over 7% in 2021 though the World Bank estimated a growth of 5.8% in 2021 after the GDP contracted by 6.2% in 2020.