Term Budget Review: Zimbabwe to stay course on economic reforms, says Ncube as FDI surges to US$965 million
Zimbabwe's Finance Minister Mthuli Ncube presented the 2026 Mid-Term Budget, highlighting economic resilience and a focus on sustaining growth. The government reported a significant drop in inflation and plans to continue attracting foreign direct investment.
Why it matters
The report provides insight into Zimbabwe's economic recovery efforts and its strategy for long-term development amidst global challenges.
FINANCE Minister Professor Mthuli Ncube has pledged that the government will maintain the macroeconomic policies that have underpinned recent economic stability, saying the focus for the remainder of 2026 will be on sustaining growth, attracting investment and strengthening social protection programmes.
Presenting the 2026 Mid-Term Budget and Economic Review in Parliament on Thursday at the New Parliament Building, Ncube said the government would intensify programmes aimed at supporting vulnerable households while improving access to essential public services in pursuit of inclusive and equitable development.
Delivering the statement under the theme, “Enhancing Drivers of Economic Growth and Transformation Towards Vision 2030,” Ncube said Zimbabwe’s economy had demonstrated remarkable resilience during the first half of 2026 despite global economic uncertainty, conflict in the Middle East and disease outbreaks such as Ebola, which negatively affected tourism and hospitality.
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