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Zimbabwe's economy to contract in 2019

Zimbabwean President Emmerson Mnangagwa [Photo, Courtesy]
Zimbabwean President Emmerson Mnangagwa [Photo, Courtesy]

Zimbabwe’s economy is expected to contract this year due to a drought and severe power cuts, Finance Minister Mthuli Ncube said on Thursday, without providing a figure.

The country had initially forecast the economy to grow 3.1 percent in 2019.

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Zimbabwe Economy