Zimbabwe's inflation set to top 700 per cent

Presenting the National Budget last week, Zimbabwe's Finance and Economic Development Minister said inflation was likely to hit 700 percent by the end of March 2004. "However, it is my projection that inflation will start to dissipate thereafter in response to both monetary and fiscal measures to be implemented in 2004," Murerwa told Parliament.

Source: Financial Gazette

Finance and Economic Development Minister, Herbert Murerwa, has projected the burgeoning inflation to top 700 percent by the

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