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International Monetary Fund (IMF)
Source: International Monetary Fund (IMF) |

International Monetary Fund (IMF) Staff Completes 2024 Article IV Mission to Zimbabwe

The mission discussions covered policies to restore macroeconomic stability and improve growth prospects, focusing on finalizing the transfer of the RBZ’s quasi-fiscal operations to the Treasury and addressing other sources of fiscal pressures

End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this…

International Monetary Fund (IMF)
Source: International Monetary Fund (IMF) |

Zimbabwe Implements the International Monetary Fund’s Enhanced General Data Dissemination System

The National Summary Data Page will serve as a one-stop publication for disseminating the data recommended under the e-GDDS

With the successful launch of a new data portal, Zimbabwe has implemented a key recommendation of the IMF’s Enhanced General Data Dissemination System (e-GDDS) to publish essential macroeconomic and financial data. The e-GDDS is the first tier of the IMF Data Standards Initiatives that promote transparency as a global public good and…

International Monetary Fund (IMF)
Source: International Monetary Fund (IMF) |

International Monetary Fund (IMF) Staff Concludes Article IV Mission to Zimbabwe

An International Monetary Fund (IMF) staff team led by Dhaneshwar Ghura conducted a mission to Harare during December 1–15, 2022, in the context of the 2023 Article IV Consultation

End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this…

International Monetary Fund (IMF)
Source: International Monetary Fund (IMF) |

IMF Executive Board Concludes 2022 Article IV Consultation with Zimbabwe

Executive Directors welcomed the positive signs of economic recovery following two years of deep recession

The Executive Board of the International Monetary Fund (IMF) concluded the Article IV Consultation with Zimbabwe on March 21, 2022. Zimbabwe experienced severe exogenous shocks (cyclone Idai, protracted drought, and the COVID-19 pandemic) during 2019-20, which along with policy missteps in 2019, led to a deep recession and high inflation. Real…

International Monetary Fund (IMF)
Source: International Monetary Fund (IMF) |

IMF Staff Concludes Article IV Mission to Zimbabwe

An International Monetary Fund (IMF) staff team, led by Dhaneshwar Ghura, Mission Chief for Zimbabwe, held discussions through virtual meetings in the context of the 2021 Article IV consultation

The COVID-19 crisis impacted an already weakened economy following cyclone Idai and a protracted drought. Containment and support measures introduced by the authorities helped in mitigating the adverse effects of the pandemic; economic activity is recovering, and mass vaccination continues steadily. But downside risks remain, dominated by the pandemic’s evolution,…