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Zimbabwe GDP Grows By 4% In 2018 -Treasury

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Zimbabwe President Emmerson Mnangagwa

Zimbabwe’s economy grew by four per cent last year, below an initial target of 4.5 per cent, Treasury said on Thursday, as the country struggles with a severe shortage of dollars and surging inflation.

Treasury said in its fourth-quarter report ending December that the government’s foreign and domestic debt stood at $17.8 billion, with 46 per cent of that amount owed to foreign lenders.

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