The International Monetary Fund (IMF) has approved the completion of Zimbabwe’s second review under its 10-month Staff-Monitored Programme (SMP).
In its latest assessment, issued yesterday, the IMF said the review recognised progress in macroeconomic stability, fiscal discipline and economic reforms.
“Zimbabwe’s economy would grow by “5%” in 2026 before slowing to “3.5% in 2027”, which reflects continued economic activity despite a moderation in growth.
ZiG inflation stood at 3.7% in September 2026, while the exchange rate remained broadly stable,” the Fund noted.
The Fund also highlighted improved fiscal performance.
“Fiscal revenue exceeded programme expectations, and this reflects stronger revenue mobilisation during the review period.
Zimbabwe continued to receive help from strong mineral exports and resilient remittances. The country is expected to record a current account surplus,” the IMF added.
The latest assessment comes as Zimbabwe continues implementing economic reforms aimed at strengthening macroeconomic stability, improving fiscal management and enhancing the functioning of the foreign exchange market.
The completion of the review provides further IMF recognition of progress under the SMP while highlighting areas requiring continued policy attention as Zimbabwe works to sustain economic stability and growth.
