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Comment on IMF says Zimbabwe should clarify that use of mono-currency will be limited to domestic transactions only by Mr. Sanders
['Charles Rukuni', 'The Insider Is A Political', 'Business Bulletin About Zimbabwe', 'Edited Charles Rukuni. Founded In', "It Was A Printed Subscription Only Newsletter Until When Zimbabwe'S Hyper-Inflation Made It Impossible To Continue Printing."]
Comments for The Insider
While the International Monetary Fund staff monitoring team that was in Zimbabwe until today supports Zimbabwe’s transition from a multi-currency regime to a mono-currency by 2030, it says Zimbabwe must clarify that the use of a mono-currency will be limited to domestic transactions.
Below is the IMF’s statement:IMF Staff Completes 2025 Article IV Mission to Zimbabwe June 18, 2025Harare, Zimbabwe: An International Monetary Fund (IMF) staff team led by Mr. Wojciech Maliszewski visited Harare from June 4 to June 18, 2025, to conduct the 2025 Article IV Consultation.
At the conclusion of the IMF mission, Mr. Maliszewski issued the following statement:“Zimbabwe is experiencing a degree of macroeconomic stability despite lingering policy challenges.
Growth this year is recovering following a sharp slowdown in 2024, which was affected by a drought that lowered agricultural output by 15 percent.
That said, fiscal pressures intensified in 2024 and in the first months of 2025 as higher revenues proved insufficient to meet growing spending needs.
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