Chronicle Editor
Dereck Goto
SINCE President Mnangagwa assumed office, Zimbabwe has been on a transformative journey towards economic recovery.
The nation’s efforts have not gone unnoticed, as reputable international organisations have showered commendations on the country for its remarkable strides in reviving its economy.
International organisations are now hailing Zimbabwe as a global success story, solidifying its place among the world’s best nations. The prestigious US News and World Report’s 2023 rankings recently commended Zimbabwe’s economic resurgence, identifying it as a shining example for countries seeking stability and growth. Consequently, Zimbabwe has secured a prominent spot among the world’s best countries in the 2023 rankings by the US News and World Report.
The report highlights Zimbabwe’s unwavering commitment to reform and development, particularly in the agricultural sector, as a pivotal factor in its positive trajectory. It underscores the significance of the agricultural sector in the country’s journey towards economic prosperity.
Among the 87 best countries globally, Zimbabwe has claimed the 76th position, marking its presence on the international stage. This recognition comes hot on the heels of the fourth World Bank “Zimbabwe Economic Update” (ZEU) titled “Electrifying Growth Through Reliable and Universal Energy Access.” This report rates Zimbabwe’s economy as the fastest-growing in the Southern African Development Community (Sadc) from 2021 to 2023.
The World Bank’s endorsement is a testament to the success of Zimbabwe’s monetary policy measures and various interventions by the Reserve Bank of Zimbabwe, which have effectively alleviated inflationary pressures.
President Mnangagwa’s bold policies and proactive approach to change have played a pivotal role in earning these accolades. His leadership is recognised for revitalising key sectors of the economy and instilling confidence in investors. The country, under President Mnangagwa’s guidance, deserves commendation for its resilience in the face of challenges posed by those seeking to derail its economic progress.
With a ranking of 76 out of 87 best countries globally, Zimbabwe’s rise on the international stage is a remarkable achievement. The nation’s vision to attain Upper Middle-Income status by 2030 is becoming increasingly attainable as it embraces sustainable development and garners global recognition across various economic and social dimensions.
Zimbabwe’s newfound spotlight on the international stage is not only a source of pride for its citizens but also an inspiration for other nations worldwide. It serves as a powerful response to those who have persistently sought to tarnish the country’s image for personal gain. President Mnangagwa’s tireless efforts are now bearing fruit, ushering in a new era of prosperity for Zimbabwe.
Online Reporter