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IMF reaches Staff-Level Agreement with Zimbabwe on a New Staff-Monitored Program

The IMF and Zimbabwe have reached a staff-level agreement on economic policies and reforms to be monitored under a 10-month Staff-Monitored Program (SMP), aimed at consolidating recent stabilization gains and strengthening macroeconomic management. The program emphasizes prudent budget execution, improved cash and expenditure controls, sustained monetary discipline, and governance reforms to enhance transparency and manage fiscal risks. It also supports the authorities’ social protection efforts. [...]