## 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](https://www.imf.org/en/publications/cr/issues/2026/05/20/zimbabwe-request-for-a-staff-monitored-program-press-release-and-staff-report-576181)

## Other formats

- [Markdown version](/en/publications/cr/issues/2026/05/20/zimbabwe-request-for-a-staff-monitored-program-press-release-and-staff-report-576181/index.md)
- [Structured JSON version](/en/publications/cr/issues/2026/05/20/zimbabwe-request-for-a-staff-monitored-program-press-release-and-staff-report-576181/index.json)
- [Bundle manifest](/en/publications/cr/issues/2026/05/20/zimbabwe-request-for-a-staff-monitored-program-press-release-and-staff-report-576181/bundle-manifest.json)

## Bibliographic details
- Published: May 20, 2026
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798229046947.002

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### 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

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## Content in this bundle

- **Executive Summary**
  - [Executive Summary (Markdown version)](/-/media/files/publications/cr/2026/english/1zweea2026001-source-pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Executive Summary (PDF)](/-/media/files/publications/cr/2026/english/1zweea2026001-source-pdf.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2026/05/20/zimbabwe-request-for-a-staff-monitored-program-press-release-and-staff-report-576181_