Story by Stanley James, Business Editor
THE International Monetary Fund (IMF) has maintained Zimbabwe’s real Gross Domestic Product (GDP) growth forecast at five per cent for 2026, above the projected Sub-Saharan Africa regional average of about four per cent, reinforcing confidence in the country’s economic reform agenda.
The IMF’s 2026 World Economic Outlook Report, released this month, says tight monetary policies and currency stability measures are supporting macroeconomic stability.
The multilateral lender expects strong mining output, a recovery in agriculture and favourable global gold prices to underpin Zimbabwe’s projected five per cent growth.
Economist Dr Zack Murerwa said the forecast reflects growing international confidence in Zimbabwe’s economy.
“This is a testament that the economy is gaining the confidence of global financiers such as the IMF, signalling positive progress towards sustained growth. The endorsement also shows that the Government of Zimbabwe is creating an enabling environment that attracts international investor confidence,” he said.
The IMF also projects Zimbabwe’s current account to remain in surplus, supported by export earnings and diaspora remittances. However, it urged authorities to remain vigilant against climate-related risks and external and domestic economic shocks.
Former Zimbabwe National Chamber of Commerce President Mr Tamuka Macheka said policy consistency will be critical to sustaining the country’s economic gains.
“Sustained growth policies are needed to consolidate the current economic gains. Government and the central bank should continue implementing measures that create certainty, inspire confidence and maximise production. Greater emphasis should be placed on consolidating the gains already achieved while developing practical solutions to sustain economic growth,” he said.
The IMF also noted that following significant macroeconomic stabilisation, annual inflation has declined to single digits, placing Zimbabwe in a stronger macroeconomic position.
