Zim’s economy to grow by 5% under National Development Strategy (NDS1)

THE struggling economy of Zimbabwe expects to grow by 5 percent after the implementation of the new economic blueprint National Development Strategy 1 (NDS1 2012-2025).

Minister of Finance and Economic Development, Professor Mthuli Ncube is to present the 2021 national budget next week, presenting the implementation of the c.

“With the implementation of the NDS1 the country’s economy is expected to grow by an average 5 percent to achieve the goal of transforming the economy an upper-middle-income country by 2030.

President Emmerson Mnangagwa recently launched the NDS1 after the Cabinet approved it, and it is going to be supported by effective strategies that will assist turn the economy.

Professor Mthuli told a State media that the NDS1 will consolidate and build on gains achieved under the short-term blueprint Transitional Stabilisation Programme (TSP 2018-2020) which concludes next month after which NDS1 takes over for the next 5 years.

In the period of the TSP, the government also made massive investments in developing infrastructures such as roads, bridges, dams, power, water, and sanitation.

Abel Karowangoro – Business Mail

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