Professor Sees Silver Lining in Global Inflation Drop: Zimbabwe’s Economy to Get a Boost!

Zimbabwe`s Finance ministry says global inflation decline could impact the Zimbabwean economy favorably.

In his Mid Term Budget Review, Finance Minister Professor Mthuli Ncube highlighted a global decline in inflation rates, which is projected to positively impact Zimbabwe’s economy.

Minister Ncube told parliament that global inflation is now forecasted at 5.9% for 2024, down from 6.8%, thanks to tighter monetary policies and falling energy prices.