Suchergebnisse

Zimbabwe: The Urgency of Now, is a follow-up creative non-fiction book to Zimbabwe: The Blame Game. It goes further than The Blame Game and focuses on Zimbabwe in the GNU entity, the 2013 elections, post elections and post GNU Zimbabwe, and Now. They are a myriad number of problems, issues, limitations that still unbundles Zimbabwe�s push towards multiparty democracy, social justice, economic sanity and growth, and The Urgency of Now focuses on the solutions to these. It also tackles the land reform in South Africa, how this could be its biggest problem going forward. It goes further and tackl

Cover -- CONTENTS -- CONTEXT -- RECENT ECONOMIC AND POLITICAL DEVELOPMENTS -- THE STAFF-MONITORED PROGRAM -- A. Macroeconomic Outlook and Risks -- B. Fiscal Policies: Restoring Macroeconomic Stability -- C. Monetary and Exchange Rate Policies: Restoring Stability -- D. Financial Sector Policies: Maintaining Financial Stability -- E. Structural Reforms: Promoting Inclusive Growth -- PROGRAM AND OTHER ISSUES -- STAFF APPRAISAL -- BOXES -- 1. Current Debt Situation -- 2. Impact of Cyclone Idai on Zimbabwe -- 3. Nominal GDP in Domestic Currency -- 4. Agricultural Support -- 5. Pension and Devolution Reforms -- FIGURES -- 1. Fiscal Challenges -- 2. Evolution of Selected Economic and Social Indicators -- 3. Recent Macroeconomic Developments -- 4. Government Revenue and Spending in Zimbabwe Relative to Peers -- 5. Banking Sector Fragility -- TABLES -- 1. Selected Economic Indicators, 2015-20 -- 2. Balance of Payments, 2015-20 -- 3a. Central Government Operations, 2015-20 (Millions of RTGS) -- 3b. Central Government Operations, 2015-20 (Percent of GDP) -- 4. Monetary Survey, 2015-19 (Millions of RTGS -- unless otherwise indicated) -- 5. Financial Soundness Indicators -- ANNEX -- I. Capacity Development Strategy for 2019 -- APPENDIX -- I. Letter of Intent -- Attachment I. Memorandum of Economic and Financial Policies -- Attachment II. Technical Memorandum of Understanding.

Cover -- CONTENTS -- BACKGROUND -- RECENT DEVELOPMENTS, OUTLOOK AND RISKS -- PROGRAM PERFORMANCE -- POLICY DISCUSSIONS -- A. Advancing Fiscal Reforms for Fiscal Sustainability -- B. Enhancing Stability and Deepening the Financial Sector -- C. Tackling External Arrears, Steps toward Normalizing Relations -- D. Addressing Structural Impediments to Boost Output -- E. Alternative Scenario -- STAFF APPRAISAL -- BOXES -- 1. The Impact of El Niño on Zimbabwe -- 2. ZAMCO: Helping to Address the High Levels of Nonperforming Loans -- 3. The Afreximbank Trade Debt-Backed Security Facility -- FIGURES

This 2014 Article IV Consultation highlights that economic rebound in Zimbabwe experienced since the end of hyperinflation in 2009 has now ended. After averaging 10 percent over 2009â??2012, growth fell to an estimated 3.3 percent in 2013, reflecting tight liquidity conditions, election-year uncertainty, weak demand for key exports, competitiveness pressures, and the impact of adverse weather conditions. Inflation continued its downward trend from 2.9 percent (year over year) at end-2012 to ?0.3 percent in April 2014. The medium-term outlook, under the baseline scenario, is for growth to avera