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2024

Zimbabwe's central bank revises growth forecast to 2 pct

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HARARE, June 27 (Xinhua) -- Zimbabwe's central bank announced on Thursday that it has revised the country's growth forecast for this year down to two percent from a previous estimate of 3.5 percent.

In a statement, John Mushayavanhu, governor of the Reserve Bank of Zimbabwe (RBZ), noted that despite the effects of the El Nino-induced drought, the Zimbabwean economy has remained resilient and is expected to grow