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Zimbabwe: 2015 Budget Statement
The Minister of Finance and Economic Development, Hon. P.A. Chinamasa presented the 2015 National Budget on 27 November 2014. The 2015 National Budget, which is under the theme “Towards an Empowered Society and Inclusive Economic Growth”.
Growth in Zimbabwe’s economy is expected to pick up slightly to 3.2 percent next year from an estimated 3.1 percent in 2014, while inflation should remain subdued, Finance Minister Patrick Chinamasa said on Thursday.
Presenting his 2015 budget to lawmakers, Chinamasa said low global commodity prices, a liquidity crunch in the financial sector, low domestic savings and lack of investment were responsible for weak growth.