How can Zimbabwe create the necessary fiscal space to absorb quasi-fiscal expenditures, reverse its upward trend in public debt, and support macroeconomic stability? Zimbabwe is faced with an unsustainable and growing stock of public debt. To service this debt, the Reserve Bank of Zimbabwe (RBZ) has historically engaged in quasi-fiscal operations (QFOs) through money creation, leading to high inflation and macroeconomic instability. The Government...
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INFORMATION
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2025/02/01
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Rapport
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197511
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1
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2025/02/26
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Disclosed
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Zimbabwe - Public Finance Review : Anchoring Macroeconomic Stability Through Fiscal Policy
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