The International Monetary Fund (IMF) completes the first review of Zimbabwe’s 10-month Staff-Monitored Programme (SMP), according to reporting from Zimbabwe Independent and NewZimbabwe.com. The SMP review is approved by IMF management after Zimbabwe meets programme targets through March 2026.
The IMF projects that inflation continues to stay in single digits, indicating no immediate return to higher inflation levels under the programme assumptions. At the same time, the IMF warns that economic risks remain, pointing to ongoing uncertainty despite the progress achieved so far.
The two accounts frame the approval of the first SMP assessment as a milestone in Zimbabwe’s efforts to consolidate recent macroeconomic stability and continue strengthening economic management. While both sources highlight the continued inflation outlook, they also emphasize that the programme review does not remove concerns about potential future shocks or setbacks. Overall, the SMP review reflects incremental progress combined with the IMF’s assessment that further monitoring and achievement of subsequent targets are still required.
