Harare: The International Monetary Fund (IMF) has commended the macroeconomic stability in Zimbabwe, noting that disciplined policies have been instrumental in stabilizing the local Zimbabwean dollar and reducing inflation.

According to News Agency of Nigeria, the IMF issued a statement following a two-week mission to Zimbabwe. The statement highlighted the country’s economic recovery this year, following a significant slowdown in 2024 due to a drought that impacted agricultural output.

The IMF reported that improved climate conditions and historically high gold prices during the first half of 2025 have boosted agricultural and mining activities. This has contributed to the country’s economic recovery, with growth projected at six percent in 2025.

To further support Zimbabwe’s stabilization efforts, the IMF made several recommendations, including tightening fiscal policy while protecting social spending and transitioning to a stable national currency.

The IMF also expressed its readiness to resume discussions with Zimbabwe on a requested Staff Monitored Programme, contingent on the authorities taking decisive steps to address key policy issues.