1. IMF Management Approves Staff Monitored Program for Zimbabwe
On April 16, the IMF approved a Staff Monitored Program (SMP) for Zimbabwe to consolidate recent stabilization gains. Supported by high gold prices and tight monetary policy, Zimbabwe's economy showed resilience in 2025. The SMP aims to deepen confidence in the new ZiG currency and support the authorities' efforts to re-engage with the international financial community.
2. Zimbabwe Records First Single-Digit ZiG Inflation (4.4%) in Three Decades
Quarterly data published on April 17 confirms that ZiG annual inflation fell to 4.4% in March 2026. This represents a massive compression from 95.8% in June 2025, marking the lowest sustained price performance in over 30 years. The statistical milestone is attributed to zero central bank government financing and a stable interbank exchange rate during Q1 2026.
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