{
  "title": "Zimbabwe: Request for a Staff-Monitored Program-Press Release; and Staff Report",
  "publication": "IMF Staff Country Reports, May 20, 2026",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2026/05/20/zimbabwe-request-for-a-staff-monitored-program-press-release-and-staff-report-576181",
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  "summary": "Zimbabwe is taking steps to address its longstanding macroeconomic challenges. The country has been in debt default and excluded from international capital markets and most official financing for over 25 years, during which it experienced multiple episodes of very high inflation and economic downtur",
  "sections": [
    {
      "heading": "Overview and Context",
      "content": "- Zimbabwe has been in debt default and excluded from international capital markets and most official financing for over 25 years.\n- During this period the economy experienced multiple episodes of very high inflation and economic downturns.\n- A combination of better policies and favorable external conditions has recently brought about stability."
    },
    {
      "heading": "Recent Macroeconomic Developments",
      "content": "- Inflation recently falling to single digits.\n- Multi-year high GDP growth.\n- Current account surpluses.\n- These developments have created a window of opportunity to consolidate recent progress and advance reforms."
    },
    {
      "heading": "Key Themes and Policy Focus",
      "content": "- Arrears\n- Currency markets\n- Expenditure\n- External debt\n- Financial markets\n- Fiscal risks\n- Foreign exchange\n- Public financial management (PFM)"
    },
    {
      "heading": "Keywords (as listed)",
      "content": "- Arrears\n- Currency markets\n- Fiscal risks\n- FX market\n- IMF staff\n- Middle East\n- monetary policy framework\n- SMP request\n- SMP staff\n\n---\n\n Content in this bundle\n\n- Executive Summary\n  - Executive Summary (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Executive Summary (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: May 20, 2026",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9798229046947.002",
    "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.",
    "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.",
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    "IMF staff",
    "Middle East",
    "monetary policy framework",
    "SMP request",
    "SMP staff",
    "**Executive Summary**"
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