Monday, October 5, 2009

Zimbabwe GDP to Grow About 7% This Year, 13% in 2010, Biti Says

By Camilla Hall
Oct. 4 (Bloomberg) -- Zimbabwe’s economy may grow about 7 percent this year and 13 percent in 2010, Finance Minister Tendai Biti said.
Biti made the forecasts, which are roughly double the International Monetary Fund’s growth predictions for the African country, at a meeting in Istanbul where he’s attending the International Monetary Fund and World Bank annual summit.
He also said that it will be a “long while” before Zimbabwe returns to its own currency.
To contact the reporter on this story: Camilla Hall in Dubai at chall24@bloomberg.net Last Updated: October 4, 2009 02:27 EDT

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