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Zimbabwe Sees 7% Growth in 2010 Economy

Investing News Network
May. 26, 2010 05:42PM PST
Gem Investing

Finance Minister Tendai Biti said that Zimbabwe’s economy is growing faster than the expected for 2010.  The country is grateful for the $1 billion foreign investments and some expected donor aid.
Biti is quoted saying:
“Our growth forecast for this year is 7 percent. We had revised it downwards to 4.8 percent because of lack of capital […]

Finance Minister Tendai Biti said that Zimbabwe’s economy is growing faster than the expected for 2010.  The country is grateful for the $1 billion foreign investments and some expected donor aid.

Biti is quoted saying:

“Our growth forecast for this year is 7 percent. We had revised it downwards to 4.8 percent because of lack of capital but I’m very optimistic we will have stronger growth in the second half of the year.”

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