Zimbabwe; 2005 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Authorities of Zimbabwe

This 2005 Article IV Consultation highlights that Zimbabweâ€™s pace of economic deterioration slowed somewhat in 2004, but appears to have picked up again in the first half of 2005. IMF staff estimates that real GDP fell by about 4 percent in 2004, compared with a contraction of 10Â½ percent the preceding year. Monetary policy has been tightened, but not consistently. Overnight interest rates were raised sharply in early 2004 and lowered subsequently as inflation declined, with real interest rates maintained at high levels for most of the year.

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Year of publication:	2005-10-04
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Article IV consultation reports \| Debt sustainability analysis \| Economic indicators \| Economic reforms \| Financial soundness indicators \| Staff Reports \| inflation \| external debt \| foreign exchange \| money growth \| current account \| reserve bank \| monetary policy \| balance of payments \| debt service \| public and publicly guaranteed \| inflation target \| external financing \| current account balance \| low inflation \| price inflation \| foreign currency \| gdp deflator \| private debt \| debt sustainability \| domestic financing \| government debt \| public debt \| high inflation \| terms of trade \| budget balance \| long-term debt \| domestic debt \| public and publicly guaranteed debt \| current account deficit \| debt burden \| central bank \| total external debt \| debt dynamics \| cash management \| debt outstanding \| debt ratio \| debt rescheduling \| private creditors \| inflationary impact \| real interest rates \| external borrowing \| external debt data \| debt data \| real money \| bilateral creditors \| nominal interest rate \| short-term debt \| public sector debt \| reserve assets \| external payment \| payment arrears \| external shocks \| external payments arrears \| external debt sustainability \| official creditors \| general resources account \| private external debt \| ppg debt \| price stability \| private sector debt \| macroeconomic stability \| external debt service \| multilateral creditors \| high rates of money growth \| inflation objective \| net debt \| public sector borrowing \| debt relief \| increase in inflation \| rising inflation \| repayments \| external debt indicators \| inflation tax \| external public debt \| domestic public debt \| debt stock

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 05/360 6 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005591769