European Parliament Library

Zimbabwe :, 2009 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Zimbabwe

Economic and social indicators in Zimbabwe worsened significantly in 2008. Real GDP is estimated to have fallen by about 14 percent in 2008 owing to economic disruptions caused by hyperinflation and a further significant deterioration in the business climate. Executive Directors have welcomed the authorities’ Short-Term Emergency Recovery Program (STERP) that is based on sound principles of macroeconomic management. Directors have also underscored the importance of establishing fiscal discipline while ensuring the delivery of essential public services
Table Of Contents
Cover; Contents; Glossary; Executive Summary; I. Background; II. Spontaneous Stabilization; III. Discussions of the Authorities' Emergency Recovery Program; A. Implementing Cash Budgeting While Addressing Critical Social Needs; B. Maintaining Official Dollarization as the Nominal Anchor; C. Pressing Ahead with Structural Reforms to Enhance Growth Potential and Competitiveness; IV. Macroeconomic Outlook and Risks; V. Other Issues; VI. Staff Appraisal; Tables; 1. Selected Economic Indicators, 2007-09; 2. Millennium Development Goals; 3. Balance of Payments, 2007-13; 4. Monetary Survey, 2007-09
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (50 p.)
Specific Material Designation
Form Of Item

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