Citigroup suggests the Southern African nation may be on a path to breaking from its past of economic instability, under the International Monetary Fund's watch. Annual inflation, which averaged around 736% in 2024, is expected to drop to 8% this year, while a cash fiscal deficit will balance after falling to minus 6.7% of gross domestic product in 2023, David Cowan said. Key points and original sources are listed below.

• Citigroup suggests the Southern African nation may be on a path to breaking from its past of economic instability, under the International Monetary Fund's watch. The nation's turnaround has been aided by high gold prices, an emerging lithium sector, and the in...S1

• Annual inflation, which averaged around 736% in 2024, is expected to drop to 8% this year, while a cash fiscal deficit will balance after falling to minus 6.7% of gross domestic product in 2023, David Cowan said.S2