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AfDB lowers Zimbabwe's 2024 growth projection to 2% due to El Niño-induced drought, with 2025 projection at 3.5%.
African Development Bank (AfDB) lowered Zimbabwe's 2024 growth projection to 2% due to El Niño-induced drought.
Southern Africa's growth projection is 2.2% in 2022 and 2.7% in 2025.
AfDB reduced Zimbabwe's 2025 projection by 0.1% to 3.5%, with inflation projected at 24.9% in 2024.
The bank emphasized debt restructuring and arrears clearance as prerequisites for Zimbabwe's structural transformation.
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El BAfD reduce la proyección de crecimiento de Zimbabwe para 2024 al 2% debido a la sequía inducida por El Niño, con una proyección para 2025 del 3,5%.