Zimbabwe News Update
zbc
2 min read
imf commends zimbabwe’s economic growth, predicts expansion beyond 6% story by stanley james, business editor the international monetary fund (imf) has commended zimbabwe’s economic progress for 2025, noting that the country’s growth has surpassed expectations, driven by strong performance in key sectors and improved macroeconomic stability. delivering his latest assessment following the recent article iv mission to harare, imf resident representative in zimbabwe, dr daniel gurara, said the economy was showing encouraging signs of resilience and continued recovery.
“the stronger performance reflects a combination of favourable conditions in key sectors and on-going efforts to strengthen macroeconomic stability through better policy coordination and tighter monetary management, inflation has eased, confidence is growing and activity across sectors is picking up, of course risks remain from global uncertainty to climate shocks but the momentum is encouraging, the key issue now is to maintain fiscal discipline and stay the course on reforms, so this rebound translates into sustained inclusive growth. the imf notes that zimbabwe’s economic outlook continues to improve. when we last conducted our assessment in june 2025, growth for the year was projected at about six percent.
since then, stronger-than-expected performance in agriculture and mining suggests growth could exceed that projection,” dr gurara said.
“the stronger performance has been supported by improved policy coordination and continued efforts to stabilise the economy, including tighter monetary and fiscal management and steps to strengthen revenue collection, these measures alongside favourable conditions in key sectors have helped moderate inflation and support a gradual rebuilding of confidence, at the same time challenges remain, fiscal pressures, limited external financing and vulnerability to climate shocks continue to pose risks to the outlook, going forward, maintaining fiscal discipline will be essential to consolidate recent gains, preserve stability and create space for priority spending,” he said.
economist, dr zack murerwa, says the government should maintain the engagement and re-engagement agenda to consolidate global financiers’ confidence in the economy. “we take this as a right step that shapes the future trajectory of the nation, basically the key thrust is on how the restored confidence in the economy can be sustained in line with the engagement and reengagement drive,” he said.
previous articleunesco elects zimbabwe to executive board, boosting nation’s role in global heritage protectionnext articlephd leader walter magaya granted us$3,000 bail, ordered to surrender passport previous articleunesco elects zimbabwe to executive board, boosting nation’s role in global heritage protection unesco elects zimbabwe to executive board, boosting nation’s role in global heritage protection source: zbc news
