(Reuters) - Zimbabwe's government has promised to reduce monthly inflation to below 25 percent from the current 100 percent by year-end after signing a price and wage protocol with business and labour to halt a deep recession.
The southern African country is battling its worst economic crisis that has pushed inflation to the world's highest at over 3,700 percent as prices double every month in an economy where unemployment is above 80 percent and poverty levels rising.
Read more at Reuters Africa
The southern African country is battling its worst economic crisis that has pushed inflation to the world's highest at over 3,700 percent as prices double every month in an economy where unemployment is above 80 percent and poverty levels rising.
Read more at Reuters Africa
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