This web page presents information about the work of the IMF in Zimbabwe, including the activities of the IMF Resident Representative Office. Additional information can be found on the Zimbabwe and IMF country page, including IMF reports and Executive Board documents that deal with Zimbabwe.
At a Glance
- Current IMF membership: 191 countries
- Zimbabwe joined the Fund on February 3, 1995
- Total Quota: SDR 706.80 Million
- Loans outstanding: None
- Article IV/Country Report: April 8, 2022. (IMF Country Report No. 22/112)
Office Activities
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Special Drawing Rights Presentation
General SDR allocations are made to IMF members that are participants in the SDR department (currently all IMF members) in proportion to their IMF quota shares.
May 12, 2021
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SSA REO Outreach Presentation Navigating a Long Pandemic May 2021
Despite turning out better than expected, growth in 2020 is estimated to be the worst on record, at –1.9 percent, leading to a large increase in poverty. In 2021, the region’s economy is expected to resume expansion at 3.4 percent, weaker than the 6 percent for the rest of the world, amid a continued lack of access to vaccines and limited policy space to support the crisis response and recovery.
May 5, 2021
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Covid-19 has compounded Africa's economic woes
In-Depth Interview with Patrick Imam
December 4, 2020
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REO Outreach Presentation - A Difficult Road to Recovery
November 30, 2020
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Zimbabwe: Economic Outlook and SMP Performance
Presentation
March 16, 2020
IMF's Work on Zimbabwe
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Zimbabwe: Change in Representative Rate
September 26, 2024
Series:Country Report No. 2024/303
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September 20, 2024
Series:Technical Assistance Report No. 2024/081
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IMF Staff Completes 2024 Article IV Mission to Zimbabwe
June 27, 2024
In light of new policy developments, an International Monetary Fund (IMF) staff team led by Mr. Wojciech Maliszewski conducted a second mission to Harare during June 18-27, 2024, to conclude the 2024 Article IV Consultation.
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Transcript of IMF Press Briefing
June 6, 2024
Good morning, everyone, both to those of you here with us in person and those joining us online, welcome to this IMF Press Briefing. I am Julie Kozack, Director of the Communications Department. As usual, this briefing is embargoed until 11:00 a.m. Eastern Time in the U.S. I will begin with some announcements and then we will turn to your questions in person, on Webex, or via the Press Center.
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Transcript of IMF Press Briefing
April 4, 2024
Good morning, everyone, both to those of you here with us in person and to those joining us online. Welcome to the IMF press briefing. I am Julie Kozak, Director of the Communications Department. As usual, this briefing will be embargoed until 11:00 a.m. Eastern Time in the United States.
Regional Economic Outlook
October 25, 2024
Reforms amid Great ExpectationsSub-Saharan African countries are implementing difficult and much needed reforms to restore macroeconomic stability, and while overall imbalances have started to narrow, the picture is varied. Policymakers face three main hurdles. First, regional growth, at a projected 3.6 percent in 2024, is generally subdued and uneven, although it is expected to recover modestly next year to 4.2 percent. Second, financing conditions continue to be tight. Third, the complex interplay of poverty, scarce opportunities, and weak governance--compounded by a higher cost of living and short-term hardships linked to macroeconomic adjustment--are fueling social frustration. Within this environment, policymakers face a difficult balancing act in striving for macroeconomic stability while also working to address development needs and ensure that reforms are socially and politically acceptable. Protecting the most vulnerable from the costs of adjustment and realizing reforms that create sufficient jobs will be critical to mobilize public support.
Read the Report
Fraudulent Scam Emails Using the Name of the IMF
We would like to bring to the notice of the general public that several variants of financial scam letters purporting to be sanctioned by the International Monetary Fund (IMF) or authored by high ranking IMF officials are currently in circulation, and may appear on official letterhead containing the IMF logo. The scam letters instruct potential victims to contact the IMF for issuance of a “Certificate of International Capital Transfer” or other forms of approval, to enable them receives large sums of monies as beneficiaries. The contact e-mail information is always BOGUS and unsuspecting individuals are then requested to send their personal banking details which the scammers utilize for their fraudulent activities.For more information please see Fraudulent Scam Emails Using the Name of the IMF
Departmental Papers on Africa
The Departmental African Paper Series covers research on sub-Saharan Africa conducted by International Monetary Fund (IMF) staff, particularly on issues of broad regional or cross-country interest. The views expressed in these papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF Management.