Govt commits 1% of GDP to research
www.zimbabwesituation.com September 27, 2018
Government has committed 1% of gross domestic product (GDP) towards research and development (R&D) across all sectors of the economy, President Mnangagwa has said. R&D supports innovation, enhances product development, boosts competitiveness and puts the economy on a path to sustainable growth.
Government has set up a national innovation fund administered by the Ministry of Science and Technology Development to support research institutions and individuals with potentially innovative ideas.