ZANU-PF and IMF Discuss Zimbabwe’s Economic Progress

The ruling ZANU-PF party has welcomed the International Monetary Fund’s (IMF) expression of confidence in Zimbabwe’s economic trajectory, particularly its backing of the Zimbabwe Gold (ZiG) currency, which the government aims to establish as the sole legal tender by 2030.

ZANU-PF spokesperson for Economic Affairs, Engelbert Rugeje, reaffirmed the party’s commitment to expanding the domestic use of ZiG, citing it as a critical step toward achieving full monetary sovereignty.

IMF Chief of Mission, Wojciech Maliszewski, praised recent progress in economic stabilization, attributing much of the improvement to aggressive liquidity tightening measures that have helped steady the ZiG.

He indicated that discussions with Zimbabwean authorities also centered on fiscal realignment to ease pressure from public spending, legacy debt obligations, and domestic debt servicing. Maliszewski added that the IMF is working with the government to create a more stable financial environment and promote a unified exchange rate by addressing disparities between the official and parallel markets.