Zimbabwe: 2000 Article IV Consultation—Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; Statement by the Executive Director for Zimbabwe and Statement by the Authorities of Zimbabwe

January 8, 2001

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Zimbabwe: 2000 Article IV Consultation—Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; Statement by the Executive Director for Zimbabwe and Statement by the Authorities of Zimbabwe, (USA: International Monetary Fund, 2001) accessed November 22, 2024

Summary

Fiscal profligacy, an erosion of competitiveness, and governance problems have undermined investor confidence and curtailed access to foreign financing in Zimbabwe. The new economic team has taken steps in devaluing the currency and raising the awareness of public opinion about the size of the fiscal deficit and its root causes. Steadfast implementation of strong policies, backed by a broad domestic consensus, will help restore Zimbabwe's status as an anchor of stability and prosperity in southern Africa over the medium term.

Subject: Arrears, Banking, Budget planning and preparation, Credit, Economic sectors, External debt, Foreign exchange, Health, HIV and AIDS, Public sector

Keywords: Africa, Arrears, Authorities' hope, Authority, CR, Deficit, Government, HIV and AIDS, ISCR, Land reform, Land resettlement program, Public sector, Southern Africa, Staff comment, Zimbabwean authorities

Publication Details

Pages:

61
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2001/005
Stock No:

1ZWEEA0012001
ISBN:

9781451841428
ISSN:

1934-7685

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