The nation is advised that HE President @edmnangagwa and his entire Cabinet had a successful interaction with the Presidential Advisory Council #PAC and Private Sector representatives
#PostCabinetBriefing
#PostCabinetBriefing
There was general concensus that the economy was not only restructuring but also growing. Government was commended on the following achievements which were attained due to collaborative effort:
▪︎Projected year-end GDP growth of 7.8%
▪︎Projected year-end GDP growth of 7.8%
▪︎Reduction in inflation from 87% to 50% as at August 2021
▪︎Increased industry capacity utilisation from 47% to 60% on average as evidenced by demand for foreign currency on the auction market from USD11million in June 2020 to the current USD40-50 million per week.
▪︎Increased industry capacity utilisation from 47% to 60% on average as evidenced by demand for foreign currency on the auction market from USD11million in June 2020 to the current USD40-50 million per week.
▪︎ Vaccination figures are among the top seven in Africa
▪︎Improved infrastructure development
▪︎Establishment of innovation hubs as leaders of the industrialisation of the economy
▪︎Improved infrastructure development
▪︎Establishment of innovation hubs as leaders of the industrialisation of the economy
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