Zimbabwe: 2011 Article IV Consultation-Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Zimbabwe

June 14, 2011

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Format: Chicago

Zimbabwe: 2011 Article IV Consultation-Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Zimbabwe, (USA: International Monetary Fund, 2011) accessed November 21, 2024

Summary

Stronger policies, favorable external environment, and notable improvement in the humanitarian situation supported a nascent economic recovery in Zimbabwe. Executive Directors welcomed this, and urged authorities to take advantage of the favorable external environment to strengthen their macroeconomic framework. They stressed the need to strengthen the fiscal position and expressed concern about rising vulnerabilities in the banking system. They welcomed the authorities strategy for arrears clearance. Directors agreed that the Staff Monitored Program (SMP) would help establish a track record of sound policies, and encouraged the authorities to continue timely data reporting.

Subject: Arrears, Expenditure, External debt, Public and publicly-guaranteed external debt, Public debt

Keywords: Arrears, Authority, CR, Financing gap, IMF staff estimate, ISCR, Public and publicly-guaranteed external debt, Real GDP growth, Staff analysis, Sub-Saharan Africa, US$ million, Zimbabwean authorities

Publication Details

Pages:

95
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2011/135
Stock No:

1ZWEEA2011001
ISBN:

9781455271481
ISSN:

1934-7685

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