ED launches 5-year economic blueprint

PRESIDENT Emmerson Mnangagwa yesterday promised prosperity and an improved quality of life for Zimbabweans during the launch of a new five-year economic blueprint, the National Development Strategy One (NDS1) in Harare, which focuses on inclusive economic development between 2021 and 2025.

NDS1 succeeds the Transitional Stabilisation Programme (TSP) launched in 2018 which introduced austerity measures that resulted in the public being heavily taxed after the inception of the 2% electronic transaction
tax.

The NDS1 expects economic recovery rates of 7,4% next year, 5,5% in 2022, 5,2% in 2023 and 2024, and 5% in 2025.

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