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Zim: Eternal joke: 4% of nothing is still nothing !

WARNING: This is Version 1 of my old archive, so Photos will NOT work and many links will NOT work. But you can find articles by searching on the Titles. There is a lot of information in this archive. Use the SEARCH BAR at the top right. Prior to December 2012; I was a pro-Christian type of Conservative. I was unaware of the mass of Jewish lies in history, especially the lies regarding WW2 and Hitler. So in here you will find pro-Jewish and pro-Israel material. I was definitely WRONG about the Boeremag and Janusz Walus. They were for real.

Original Post Date: 2007-11-30 Time: 00:00:00  Posted By: JoAn

Submitted by Joe Shmoe:

‘Zim economy to grow 4%’
Nov 29 2007 07:36 PM
Harare – Zimbabwe’s economy is expected to grow by 4% next year buoyed by growth in the agriculture and industrial sectors of the economy, Finance Minister Samuel Mumbengegwi said.Mumbengegwi was speaking in a televised budget speech on Thursday.He said: “The 2008 budget is premised on a real GDP growth of 4% due to growth in agriculture (and) the industrial sector.The southern African nation is in the throes of an economic crisis characterised by escalating inflation now believed to be above 15 000%.Mumbengegwi said Zimbabwe’s inflation will slow to 1 978% next year but analysts say this is an ambitious target.This is not the first time President Robert Mugabe’s government has set the bar too high for itself.Last year government had forecasted that inflation would come down from 1 000% to between 350% and 400% in 2007 but since then inflation has been spiralling.Mumbengegwi also added that government was committed to easing food shortages through increased output.This will be the first time Zimbabwe would have registered real growth in over 8 years but analysts say it remains to be seen if the growth will be achieved.Critics blame Mugabe for running down the country’s once thriving economy. – Fin24

Source: http://www.fin24.co.za/articles/default/display_article.aspx?Nav=ns&ArticleID=1518-25_2230006