THE World Bank says Zimbabwe’s pursuit of a new Staff Monitored Programme (SMP) with the International Monetary Fund (IMF) might make 2025 potentially challenging for the economy.The IMF has traditionally prescribed neo-liberal policies which have often times resulted in the cost of living rising.Zimbabwe requested a new SMP from the IMF, which is meant to…
World Bank sees headwinds as Zimbabwe ponders new SMP
Going forward, growth in 2025 is projected to increase to 6 percent, with the recovery in agriculture output due to better climate conditions and the projected improvement in the terms-of-trade.