Fears That Zimbabwe Is Heading For A Recession
Headlines Africa
Welcome
Login / Register

Fears That Zimbabwe Is Heading For A Recession

Thanks! Share it with your friends!

URL

You disliked this video. Thanks for the feedback!

Sorry, only registred users can create playlists.
URL


Added by Headlines Africa in Zimbabwe
298 Views

Description

There are fears that Zimbabwe is heading for a recession.
A gloomy rainy season forecast for the agro-based economy
as well as a global slump in demand for its minerals are to
blame. The financial services sector says macro-economic
policy changes are needed to avert the recession. On Wednesday the International Monetary Fund slashed its Zimbabwe growth forecast from 2.8 percent to 1.5 percent, confirming Zimbabwe's earlier projection of an economic slowdown.

For more News visit: http://www.sabc.co.za/news
Follow us on Twitter: https://twitter.com/SABCNewsOnline?lang=en
Like us on Facebook: https://www.facebook.com/SABCNewsOnline

Post your comment

Comments

Be the first to comment