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

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.

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

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

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

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

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