CLEAN : Zimbabwe finance minister forecasts 7.8% economic growth despite pandemic

CLEAN : Zimbabwe finance minister forecasts 7.8% economic growth despite pandemic

Assessment

Interactive Video

Business, Economics, Social Studies

9th - 10th Grade

Hard

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Quizizz Content

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The video discusses Zimbabwe's economic growth, highlighting a recovery from a negative growth rate in 2019 due to natural disasters and economic reforms. It covers the introduction of a new currency to aid monetary policy and fiscal management, including balancing the budget. The government is also working on debt management by starting payments to international creditors, aiming to improve Zimbabwe's reputation as a debtor.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What were the main factors contributing to Zimbabwe's negative growth rate in 2019?

High unemployment and low investment

Political instability and sanctions

Economic reforms and inflation

Cyclone, drought, and economic reforms

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important for Zimbabwe to have its own currency?

To increase foreign investments

To implement effective monetary policy

To control inflation

To reduce unemployment

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What steps has the Zimbabwean government taken to stabilize the economy?

Increased taxes and reduced spending

Reduced interest rates

Introduced a new currency and balanced the budget

Privatized state-owned enterprises

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which international organizations has Zimbabwe started repaying?

International Monetary Fund and World Trade Organization

World Bank and African Development Bank

NATO and ASEAN

United Nations and European Union

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Zimbabwe's goal in terms of its international debt reputation?

To eliminate all debts

To increase borrowing limits

To negotiate debt forgiveness

To be known as a good debtor