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Zimbabwe : 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Zimbabwe.
- Format:
- Book
- Government document
- Author/Creator:
- International Monetary Fund. African Dept.
- Series:
- IMF Staff Country Reports; Country Report ; No. 2025/282
- IMF Staff Country Reports
- Language:
- English
- Physical Description:
- 1 online resource (85 pages)
- Place of Publication:
- Washington, D.C. : International Monetary Fund, 2025.
- Summary:
- After facing significant macroeconomic volatility in recent decades, Zimbabwe has recently experienced a degree of stability thanks to tighter policies. The halting of quasi-fiscal operations and monetary financing by central bank have helped significantly reduce inflation and exchange rate pressures. Growth has recovered as extreme weather shocks subsided, and terms-of-trade significantly improved. But challenges remain from fiscal financing pressures with very limited access to official external financing and the accumulation of domestic arrears, low monetary policy credibility, a highly dollarized monetary system, low reserve buffers, a persistent gap between the official and parallel exchange rates, and economic governance vulnerabilities.
- Notes:
- Description based on print version record.
- ISBN:
- 9798229025911
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