November 28, 2018 / 9:22 AM / 13 days ago

Zimbabwe on course to meet budget deficit targets - finmin

HARARE, Nov 28 (Reuters) - Zimbabwe is on track to meet a narrower budget deficit of 5 percent of GDP in 2019 from an estimated 11.7 percent this year, Finance Minister Mthuli Ncube said on Wednesday.

Ncube also said the southern African nation achieved a budget surplus of $29 million in October, its first in as many years.

“We achieved a primary (budget) surplus in October. The budget is as good as balanced, we are walking the talk,” Ncube told reporters. (Reporting by MacDonald Dzirutwe Writing by Olivia Kumwenda-Mtambo Editing by Joe Brock)

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