The Minister of Finance and Economic Development Cde Patrick Chinamasa will this Thursday present the 2017 budget review and outlook providing details on the performance of key productive sectors and future economic plans by government.
The performance of the economy will be under spotlight on Thursday when Cde Chinamasa gives details about key macro-economic indicators such as revenues, expenditures, inflation, exports and imports among others.
According to information released to the ZBC News by treasury, the review and outlook of the budget will also provide data on tax issues, budgetary allocations, revision of growth targets, compliance to specific aims among other factors.
The review also comes at a time when Minister Chinamasa told investors on Tuesday evening that Zimbabwe has registered a positive foreign currency net position of US$225,9 million in the first half of this year compared to US$74,5 million in the same period last year on account of increased gold receipts and reduced food imports.
“We need to understand the dynamics of the situation so that the economy can unlock more growth potential in the future,” said Cde Chinamasa.
The International Monetary Fund (IMF) is forecasting a 1.7 percent growth for the economy this year.
However, treasury has revised growth targets to 3,7 percent on the back of a bumper harvest.