Monday, 9 April 2012

Zimbabwe Leads SADC Members In GDP Growth

According to BERNAMA, Zimbabwe is leading the Southern African Development Community (SADC) member states in yearly gross domestic product (GDP) rate rankings on the back of stable economic conditions that are restoring investor confidence, state radio reported on Sunday, China's Xinhua news agency reported.

Official data implies that Zimbabwe's GDP is actually higher than its regional counterparts like South Africa, Zambia and Mozambique, on a yearly average.



The same source also says that the Permanent Secretary in the Ministry of Economic Planning and Investment Promotion, Desire Sibanda, was quoted by local media as saying the favourable GDP rates being experienced by Zimbabwe is a reflection of the government's commitment to increase productivity and create new jobs.


Do the PS's words carry any weight?

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