Online Reporter
Online Reporter
Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Mushayavanhu has reaffirmed the central bank’s commitment to controlling inflation while ensuring sustainable economic growth.
Speaking on the current economic outlook during a ZTN podcast that is currently running on our Facebook page, Dr Mushayavanhu said RBZ is taking a cautious approach to balance inflation control with growth targets.
“We are focused on keeping inflation under check and taming it to ensure macroeconomic stability,” he said.
The central bank Governor projected that year-on-year inflation will range between 20 percent and 30 percent, reflecting efforts to stabilise the currency and manage inflation expectations.
While acknowledging the inflationary environment, Dr Mushayavanhu said he remains optimistic about economic growth, which is expected to reach 6 percent in 2025.
The RBZ has been implementing a cocktail of measures, including tightening monetary supply and reinforcing foreign exchange management to curb inflationary pressures.
