European Parliament Library

Zimbabwe :, 2014 Article IV Consultation—Staff Report; Press Release; and Statement by the Executive Director for Zimbabwe

Abstract
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 2009–2012, 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 average some 4 percent, as large mining sector investments reach full capacity
Table Of Contents
Cover; CONTENTS; BACKGROUND AND RECENT DEVELOPMENTS; PERFORMANCE UNDER THE SMP; OUTLOOK AND RISKS; BOX; 1. Deflation Risks; RESTORING FISCAL SUSTAINABILITY AND ADVANCING THE FISCAL REFORM AGENDA; REDUCING FINANCIAL SECTOR VULNERABILITIES; RESOLVING EXTERNAL PAYMENTS ARREARS, RESTORING EXTERNAL SUSTAINABILITY AND COMPETITIVENESS; UNLOCKING POTENTIAL FOR SUSTAINED INCLUSIVE GROWTH AND POVERTY REDUCTION; STAFF APPRAISAL; FIGURES; 1. Recent Economic Performance; 2. Composition of Real GDP, 2000 and 2012; 3. External Sector Performance; 4. Quarterly Tax Revenues (2011-13)
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (87 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781498356619

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