The World Bank is forecasting a growth rate of 2.8% in Zimbabwe’s gross domestic product (GDP) for 2016, while government has projected a similar growth rate of 2.7%.
“Despite the drought affecting the Southern African Development Community and falling commodity prices, government is continuing its efforts to attract investment to move the economy in a positive direction,” reports state-owned newspaper the Herald.
Going forward, the growth rate is expected to reach 3% in 2016 and 2017.
