 Zimbabwe: Staff Monitored ProgramInternational Monetary Fund No 2013/193, IMF Staff Country Reports from International Monetary Fund Abstract: This staff report for Zimbabwe highlights the key macroeconomic challenges of taking steps to improve fiscal and external sustainability and increase financial sector stability. Zimbabwe has made good progress in restoring macroeconomic stability since the end of hyperinflation in 2009, but the economic rebound is waning, and key challenges need to be tackled. Strong policies are needed to sustain the economic recovery, restore fiscal and external sustainability, and increase financial stability. This would place the economy on a long-term, sustained inclusive growth path. Implementation of indigenization and empowerment policies according to transparent rules, with due respect to property rights, remains essential to build investor confidence and attract needed foreign direct investment. Keywords: ISCR; CR; Zimbabwean authorities; diamond valuator; broad money; cash basis; government Domestic Payment Arrears; private sector; debt stock; clearance strategy; payment arrears; cross arrears problem; monetary base; Arrears; Financial sector stability; International reserves; Global; Africa (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2013/193 Ordering information: This working paper can be ordered from Access Statistics for this paper More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC. |
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