Zimbabwe’s growth will remain flat – World Bank

Harare – Zimbabwe’s economy will grow at 1.5% this year and consumer prices will remain deflationary as global and local constraints limit a recovery, the World Bank says.

The global lender said growth this year would be slower than the government’s estimate of 2.7%, while inflation in the same year would average -1.7%.

World Bank senior economist for Zimbabwe, Johannes Herderschee, said during a presentation of the bank’s outlook on Zimbabwe: “We expect deflation to continue this year”.

Read more here