Zimbabwe: Request for a Staff-Monitored Program-Press Release; and Staff Report
IMF Staff Country Reports, May 20, 2026
Source details
- Canonical URL
- Zimbabwe: Request for a Staff-Monitored Program-Press Release; and Staff Report
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Bibliographic details
- Published: May 20, 2026
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798229046947.002
Overview and Context
- Zimbabwe has been in debt default and excluded from international capital markets and most official financing for over 25 years.
- During this period the economy experienced multiple episodes of very high inflation and economic downturns.
- A combination of better policies and favorable external conditions has recently brought about stability.
Recent Macroeconomic Developments
- Inflation recently falling to single digits.
- Multi-year high GDP growth.
- Current account surpluses.
- These developments have created a window of opportunity to consolidate recent progress and advance reforms.
Key Themes and Policy Focus
- Arrears
- Currency markets
- Expenditure
- External debt
- Financial markets
- Fiscal risks
- Foreign exchange
- Public financial management (PFM)
Keywords (as listed)
- Arrears
- Currency markets
- Fiscal risks
- FX market
- IMF staff
- Middle East
- monetary policy framework
- SMP request
- SMP staff
Content in this bundle
- Executive Summary