{"id":465511,"date":"2026-02-08T02:05:09","date_gmt":"2026-02-08T02:05:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/465511\/"},"modified":"2026-02-08T02:05:09","modified_gmt":"2026-02-08T02:05:09","slug":"zimbabwe-agrees-to-staff-monitored-programme-with-the-imf","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/465511\/","title":{"rendered":"Zimbabwe agrees to staff-monitored programme with the IMF"},"content":{"rendered":"<p class=\"article-image\"><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/africa\/Zimbabwe-agrees-to-staff-monitored-programme-with-the-IMF-2020653?gallery=1\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/02\/85755126.295.jpg\" alt=\"The programme (SMP) is aimed at consolidating recent stabilisation gains\" title=\"The programme (SMP) is aimed at consolidating recent stabilisation gains\" width=\"295\" height=\"162\" \/> <\/a>The programme (SMP) is aimed at consolidating recent stabilisation gains<\/p>\n<p id=\"article-123\">Zimbabwe has reached a staff-level agreement with the International Monetary Fund on economic policies and reforms.<\/p>\n<p>The IMF says the 10-month Staff-Monitored Programme (SMP) is aimed at consolidating recent stabilisation gains and strengthening macroeconomic management.<\/p>\n<p>An SMP with the Fund is an informal agreement that can open the door to an eventual loan. Its intended to establish a credible track record that supports re-engagement efforts and complements a strategy to clear debt arrears and debt restructuring.<\/p>\n<p>Notably, it emphasises prudent budget execution, improved cash and expenditure controls, sustained monetary discipline, and governance reforms to enhance transparency and manage fiscal risks.<\/p>\n<p>The programme does not entail financial assistance or endorsement by the IMF\u2019s Executive Board.<\/p>\n<p>Zimbabwe, which has endured decades of hyperinflation, currency volatility, and dependence on informal dollarized markets, has had previous SMPs.<\/p>\n<p>The last one, launched in May 2019, was abandoned after it failed to stick to the IMF\u2019s recommendations.<\/p>\n<p>In order to secure much-needed fresh financing from international partners, Zimbabwe has to clear its debt arrears.<\/p>\n","protected":false},"excerpt":{"rendered":"The programme (SMP) is aimed at consolidating recent stabilisation gains Zimbabwe has reached a staff-level agreement with the&hellip;\n","protected":false},"author":2,"featured_media":465512,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":{"0":"post-465511","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-au","9":"tag-australia","10":"tag-business","11":"tag-economy"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/465511","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=465511"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/465511\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/465512"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=465511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=465511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=465511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}