Zimbabwe: 2010 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Zimbabwe
IMF Staff Country Reports, July 6, 2010
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- Zimbabwe: 2010 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Zimbabwe
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Bibliographic details
- Published: July 6, 2010
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781455207756.002
Macroeconomic outlook
- "The macroeconomic outlook for 2010 on unchanged policies is daunting."
- "Short-term risks are skewed to the downside and the medium-term outlook is bleak in the absence of significant improvement in policies."
- "The macroeconomic outlook could significantly improve if policies are strengthened."
Fiscal policy, budget, and wages
- "Counting on a significant increase in donor financing and budget revenue, the approved 2010 budget ramped up both wages and capital expenditures."
- "The recent increase in the wage bill has significant adverse macroeconomic implications."
- "The medium-term fiscal position is clearly unsustainable."
Key topics and subject areas covered
- Banking
- Commercial banks
- Currencies
- Expenditure
- External debt
- Financial institutions
- Money
- Public debt
Keywords and geographic focus
- Africa
- East Africa
- Southern Africa
- Zimbabwe
- U.S. dollar
- Additional keywords as listed: authorities' ability, authority, cash expenditure, clearance strategy, Commercial banks, CR, Currencies, deficit, GDP, Global, ISCR, local government, public finance management, right, Zimbabwean authorities