Zimbabwe forecasts economic growth of 6% in 2025, up from 2% this year, driven by improved agricultural and electricity production, Finance Minister Mthuli Ncube announced. The budget deficit is expected to shrink to 0.4% of GDP in 2025. However, challenges persist, including the impact of El Niño-induced drought, declining metal prices, and monetary issues. The government aims to boost confidence in the ZiG, its gold-backed currency, as foreign currencies like the U.S. dollar remain widely used.
