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Ncube says Zim economy to outpace global growth

By Zimstar News Reporter

Finance minister Mthuli Ncube is upbeat the country’s accelerated vaccination drive will see the country outpace the entire world through registering a 7 percent GDP growth in 2021, compared to global projections of 6 percent.

The Treasury boss was speaking at the Robert Gabriel Mugabe International Airport Thursday as the country took delivery of two million doses of Covid-19 vaccines manufactured by China’s pharmaceutical company, Sinovac.

Ncube said the ambitious growth targets will be spurred by a vaccinated populace.

“…You have seen some of the global GDP growth being projected to grow between 6 percent next year and one of the big drivers is the vaccination programme right across Europe, right across the globe, and Zimbabwe will do better than the global economy by growing at more than 7 percent in 2021 and just above 5 percent in 2022.

“So, it’s about the economy, it’s about saving lives. So, please get vaccinated. It is the way to go,” Ncube said.

However, the minister, who has often boasted about the country registering budget surpluses, has frequently come under fire from some observers who feel the situation on the ground does not reflect what he will be talking about.

Hospitals remain under-resourced with government workers continuously grumble about poor wages.

The country’s road infrastructure except for major highways still remains rundown while the average citizen still wallows in poverty.

Tags : Mthuli Ncube
Staff Reporter

The author Staff Reporter