IMF Approves 10 Month Monitoring Program for Zimbabwe

The IMF approved a 10-month program for Zimbabwe to maintain economic stability. It also lowered Africa's 2026 growth forecast to 4.3% amid global pressures.

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The International Monetary Fund has approved a 10-month Staff-Monitored Program for Zimbabwe, focusing on the maintenance of recent economic stabilization and the improvement of macroeconomic management. This program is intended to help the nation build a track record of policy implementation.

An exterior view of the Reserve Bank of Zimbabwe building in Harare, Zimbabwe, as seen in early 2024. REUTERS/Philimon Bulawayo
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