Jane Mlambo| Finance Minister,Professor Mthuli Ncube has noted that Zimbabwe’s economy is bigger than previously thought amid indications that the annual gross domestic product had grown to $25 billion from $18 billion.

In an article published in the Financial Gazette, Ncube said the data adjustment had boosted annual gross domestic product to $25.8 billion (20 billion pounds) from around $18 billion.

Ncube said the new calculations took into account the large informal sector for the first time and had turned Zimbabwe into a lower-middle income nation.

“Our economy is bigger than we think,” said Ncube.