Monetary Policy

October 2018 Monetary Policy

The Statement comes at a time when the economy is expanding on account of high consumer demand, increased business confidence within the national economy and positive expectations following the peaceful completion of the electoral process and the subsequent formation of a new lean cabinet led by His Excellency, President E. D. Mnangagwa.

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January 2018 Monetary Policy

The Statement comes at a time when the economy is experiencing renewed hope and confidence ushered in by the new economic dispensation, following the formation of a new leaner cabinet by His Excellency, the President, in November 2017.

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August 2017 Monetary Policy

The first half of the year 2017 witnessed a turnaround of the national economy at a time when inflation, underpinned by an expansionary fiscal policy stance, crept out of deflation in February 2017 after two and a half years of a prolonged episode of negative inflation to reach 0.31% in June 2017.

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January 2014 Monetary Policy

Infrastructure bottlenecks especially around key economic enablers such as energy, transport, communication. These bottlenecks have eroded of viability and competitiveness of local producers in key economic sectors;

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January 2013 Monetary Policy

Distinguished colleagues,the deterioration in global economic conditions  coupled  with  constraints in  the  domestic  economy, notably the  negative  effects of sanctions, adverse weather conditions and underlying liquidity shortages  imposed  constraints on the growth of the Zimbabwean economy.

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July 2012 Monetary Policy

These adverse global developments have combined with, tight domestic liquidity conditions, limited access to offshore  lines of credit, frequent power outages and a huge debt overhang to take steam off the recovery momentum gained since the  adoption of multiple currencies in 2009.

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