The World Bank has commended Zimbabwe for maintaining a steady reform path aimed at rebuilding international confidence and strengthening economic stability.
Speaking during an engagement on the country’s economic progress, the World Bank Group Country Manager for Zimbabwe, Eneida Fernandes said Zimbabwe’s journey from the Transitional Stabilisation Programme, through National Development Strategy One (NDS1), to the ongoing National Development Strategy Two (NDS2), demonstrates a clear and consistent commitment to comprehensive reforms.
She noted that the government’s efforts have centred on restoring macroeconomic stability, improving international relations, advancing infrastructure development, and expanding key social support programmes.
“The World Bank is actually seeing more opportunities for growth in Zimbabwe, and this is expected to result in the economy further performing on a sound or favourable footing in line with our projection of a five percent growth,” she said.
Deputy Minister of Finance, Economic Development and Investment Promotion, Kuda Mnangagwa, reaffirmed the government’s commitment to deepening cooperation with global financial institutions. He emphasised that Zimbabwe remains focused on identifying new strategies to sustain the current growth momentum and strengthen economic fundamentals.
“The Government of Zimbabwe understands the dynamics of the current situation, and it is our commitment to further identify what can be done to sustain the current growth trajectory and tap into key economic indicators that consolidate growth,” he said.
Despite global and domestic shocks including the Covid-19 pandemic, climate pressures, and geopolitical tensions, the World Bank described Zimbabwe’s economy as a strong performer and endorsed the five percent growth forecast for 2026.
As reform efforts continue, both government and international partners remain optimistic about Zimbabwe’s prospects for sustainable, inclusive development.
