Dubai — Zimbabwe’s treasury is sticking to its growth estimate of 7.4%, even after its president said the projection would have to be revised.

The forecast is “achievable” after the country had good rains that will boost farm output to the highest in four years, finance minister Mthuli Ncube said in an interview with Bloomberg Television on Tuesday. The International Monetary Fund expects the economy to grow 3.1% this year, after contracting for the past two...

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