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Zimbabwe : 2010 Article IV Consultation : staff report ; Staff supplement ; Public information notice on the Executive Board discussion ; and Statement by the Executive Director for Zimbabwe

Author: International Monetary Fund,
Publisher: Washington, D.C. : International Monetary Fund, 2010.
Series: IMF country report, no. 10/186.
Edition/Format:   eBook : Document : International government publication : EnglishView all editions and formats
Summary:
The macroeconomic outlook for 2010 on unchanged policies is daunting. Short-term risks are skewed to the downside and the medium-term outlook is bleak in the absence of significant improvement in policies. The macroeconomic outlook could significantly improve if policies are strengthened. Counting on a significant increase in donor financing and budget revenue, the approved 2010 budget ramped up both wages and  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Zimbabwe.
Washington, D.C. : International Monetary Fund, ©2010
(OCoLC)660826749
Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: International Monetary Fund,
ISBN: 9781455257652 1455257656
OCLC Number: 694142387
Description: 1 online resource ([52] pages) : illustrations.
Series Title: IMF country report, no. 10/186.
Other Titles: Zimbabwe, 2010 Article IV consultation
Responsibility: [prepared by the staff representatives for the 2010 Article IV Consultation].

Abstract:

The macroeconomic outlook for 2010 on unchanged policies is daunting. Short-term risks are skewed to the downside and the medium-term outlook is bleak in the absence of significant improvement in policies. The macroeconomic outlook could significantly improve if policies are strengthened. Counting on a significant increase in donor financing and budget revenue, the approved 2010 budget ramped up both wages and capital expenditures. The recent increase in the wage bill has significant adverse macroeconomic implications. The medium-term fiscal position is clearly unsustainable.

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