Reserve Bank of Zimbabwe (RBZ) Governor, Dr. John Mushayavanhu, has reiterated the central bank’s dedication to managing inflation while fostering sustainable economic growth.
Speaking on Zimbabwe’s economic outlook during a ZTN podcast, Dr. Mushayavanhu emphasized that the RBZ is carefully balancing inflation control with broader economic objectives.
“Our focus remains on keeping inflation in check to maintain macroeconomic stability,” he stated.
ALSO READ:Japanese Woman Under Investigation for Unwanted Kiss at BTS’s Jin Fan Event
Dr. Mushayavanhu projected that annual inflation will fall within the 20 to 30 percent range, reflecting ongoing efforts to stabilize the local currency and manage inflation expectations.
Despite acknowledging prevailing inflationary challenges, he expressed confidence in the country’s economic trajectory, predicting a 6 percent growth rate for 2025.
To curb inflationary pressures, the RBZ has been implementing a series of measures, including tightening monetary policy and strengthening foreign exchange management.
