{
  "title": "Zimbabwe: First Review under the Staff-Monitored Program-Press Release; and Staff Report",
  "publication": "IMF Staff Country Reports, August 7, 2026",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2026/08/07/zimbabwe-first-review-under-the-staff-monitored-program-press-release-and-staff-report-578645",
  "canonical": "https://www.imf.org/en/publications/cr/issues/2026/08/07/zimbabwe-first-review-under-the-staff-monitored-program-press-release-and-staff-report-578645",
  "overlayPath": "/en/publications/cr/issues/2026/08/07/zimbabwe-first-review-under-the-staff-monitored-program-press-release-and-staff-report-578645/index.md",
  "summary": "Zimbabwe has continued to consolidate stabilization gains under the Staff-Monitored Program (SMP) despite external shocks. Growth strengthened in 2025 and momentum continued in 2026, supported by mining, still-elevated gold prices, and a strong agricultural rebound.",
  "publishDate": "2026-08-07",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Summary",
      "content": "- Zimbabwe has continued to consolidate stabilization gains under the Staff-Monitored Program (SMP) despite external shocks.\n- Growth strengthened in 2025 and momentum continued in 2026, supported by mining, still-elevated gold prices, and a strong agricultural rebound.\n- Inflation has remained low, the exchange rate broadly stable, and the current account robust, providing a window to strengthen macroeconomic management, rebuild buffers, and advance reengagement toward arrears clearance and debt resolution."
    },
    {
      "heading": "Key macroeconomic developments and drivers",
      "content": "- Growth:\n  - Growth strengthened in 2025 and momentum continued in 2026.\n  - Principal drivers cited: mining, still-elevated gold prices, and a strong agricultural rebound.\n- Prices and external sector:\n  - Inflation has remained low.\n  - The exchange rate has been broadly stable.\n  - The current account has been robust.\n- Implications:\n  - The macroeconomic environment provides a window to strengthen macroeconomic management, rebuild buffers, and advance reengagement toward arrears clearance and debt resolution."
    },
    {
      "heading": "Subject areas and keywords",
      "content": "- Subject: Arrears, Commodities, External debt, Fiscal risks, Foreign exchange, Gold, Public debt, Public financial management (PFM)\n- Keywords: Arrears, Fiscal risks, Gold"
    },
    {
      "heading": "Publication and document metadata",
      "content": "- Publication date: August 7, 2026\n- Pages: 63\n- Volume: 2026\n- Issue: 223\n- Series: Country Report No. 2026/223\n- DOI: https://doi.org/10.5089/9798229057264.002\n- Stock No: 1ZWEEA2026002\n- ISBN: 9798229057264\n- ISSN: 1934-7685\n\nInternational Monetary Fund. African Dept. \"Zimbabwe: First Review under the Staff-Monitored Program-Press Release; and Staff Report\", IMF Staff Country Reports 2026, 223 (2026), accessed 8/7/2026, https://doi.org/10.5089/9798229057264.002.\n\n---\n\n Content in this bundle\n\n- 1zweea2026002\n  - 1zweea2026002 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 1zweea2026002 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2026/08/07/zimbabwe-first-review-under-the-staff-monitored-program-press-release-and-staff-report-578645"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/cr/issues/2026/08/07/zimbabwe-first-review-under-the-staff-monitored-program-press-release-and-staff-report-578645/index.md)",
    "[Structured JSON version](/en/publications/cr/issues/2026/08/07/zimbabwe-first-review-under-the-staff-monitored-program-press-release-and-staff-report-578645/index.json)",
    "[Bundle manifest](/en/publications/cr/issues/2026/08/07/zimbabwe-first-review-under-the-staff-monitored-program-press-release-and-staff-report-578645/bundle-manifest.json)",
    "Published: August 7, 2026",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9798229057264.002",
    "Zimbabwe has continued to consolidate stabilization gains under the Staff-Monitored Program (SMP) despite external shocks.",
    "Growth strengthened in 2025 and momentum continued in 2026, supported by mining, still-elevated gold prices, and a strong agricultural rebound.",
    "Inflation has remained low, the exchange rate broadly stable, and the current account robust, providing a window to strengthen macroeconomic management, rebuild buffers, and advance reengagement toward arrears clearance and debt resolution.",
    "Growth:",
    "Prices and external sector:",
    "Implications:",
    "Subject: Arrears, Commodities, External debt, Fiscal risks, Foreign exchange, Gold, Public debt, Public financial management (PFM)",
    "Keywords: Arrears, Fiscal risks, Gold",
    "Publication date: August 7, 2026",
    "Pages: 63",
    "Volume: 2026",
    "Issue: 223",
    "Series: Country Report No. 2026/223",
    "DOI: https://doi.org/10.5089/9798229057264.002",
    "Stock No: 1ZWEEA2026002",
    "ISBN: 9798229057264",
    "ISSN: 1934-7685",
    "**1zweea2026002**"
  ],
  "related": [
    {
      "title": "1zweea2026002",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/files/publications/cr/2026/english/1zweea2026002.pdf",
      "summary": {
        "path": "/-/media/files/publications/cr/2026/english/1zweea2026002.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/files/publications/cr/2026/english/1zweea2026002.pdf",
        "mime": "application/pdf"
      }
    }
  ],
  "alternates": {
    "markdown": "/en/publications/cr/issues/2026/08/07/zimbabwe-first-review-under-the-staff-monitored-program-press-release-and-staff-report-578645/index.md",
    "json": "/en/publications/cr/issues/2026/08/07/zimbabwe-first-review-under-the-staff-monitored-program-press-release-and-staff-report-578645/index.json",
    "bundleManifest": "/en/publications/cr/issues/2026/08/07/zimbabwe-first-review-under-the-staff-monitored-program-press-release-and-staff-report-578645/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-23T15:25:54.069Z"
}