Zimbabwe’s Inflation Drops, But Debt Management Remains Key 

“Zimbabwe’s history of hyperinflation and failed monetary experiments means it remains highly dollarized. The U.S. dollar is the main medium of exchange, while the share of ZiG in monetary aggregates is small at around 17%. Prices are rarely quoted in ZiG, and salaries and goods and services transactions are typically either fully or partially paid in U.S. dollars.”  While stabilizing inflation is…

Africa: Sub Saharan Africa: Steady Growth Amid Fiscal Challenges

Increasing government revenue and better managing debt can help foster resilience and accelerate growth Over the past six months the realignment of global priorities and increasingly turbulent external conditions have continued to test sub-Saharan Africa. Yet the region’s economies are proving resilient. As our recent economic outlook for the region shows, economic growth is projected to hold…