Zimbabwe : 2010 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Zimbabwe

Author/Editor:

International Monetary Fund

Publication Date:

July 6, 2010

Electronic Access:

Free Full Text (PDF file size is 853 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The macroeconomic outlook for 2010 on unchanged policies is daunting. Short-term risks are skewed to the downside and the medium-term outlook is bleak in the absence of significant improvement in policies. The macroeconomic outlook could significantly improve if policies are strengthened. Counting on a significant increase in donor financing and budget revenue, the approved 2010 budget ramped up both wages and capital expenditures. The recent increase in the wage bill has significant adverse macroeconomic implications. The medium-term fiscal position is clearly unsustainable.

Series:

Country Report No. 10/186

Subject:

Frequency:

Annually

English

Publication Date:

July 6, 2010

ISBN/ISSN:

9781455207756/1934-7685

Stock No:

1ZWEEA2010001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

53

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