IMF Staff Country Reports

Zimbabwe: 2009 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Zimbabwe

Publication Date:

May 11, 2009

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Economic and social indicators in Zimbabwe worsened significantly in 2008. Real GDP is estimated to have fallen by about 14 percent in 2008 owing to economic disruptions caused by hyperinflation and a further significant deterioration in the business climate. Executive Directors have welcomed the authorities’ Short-Term Emergency Recovery Program (STERP) that is based on sound principles of macroeconomic management. Directors have also underscored the importance of establishing fiscal discipline while ensuring the delivery of essential public services.

Series:

Country Report No. 2009/139

Subject:

Central Banks External debt Foreign exchange International organization Monetary policy Money Public financial management (PFM)