Zimbabwe Economic Update 2024 : Improving Resilience to Weather Shocks and Climate Change (English)

Zimbabwe’s impressive recovery since the 2019-20 COVID-19 recession has been slowed by the 2024 El-Niño-related drought. The fiscal deficit is projected to have fallen to below 3 percent in 2024. Challenges to finance the deficit persist, which has also put pressure on the newly introduced ZiG currency. In 2024, gross domestic product (GDP) growth rate is projected to decline to 2.0 percent, driven by a sizeable agricultural contraction, as El Niño...

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Author

Easther Chigumira;

Dominick Revell de Waal;

Victor Steenbergen;

Dhiraj Sharma;

Kaushiki Singh;

Easther Chigumira;

Dominick Revell de Waal;
Document Date
2024/12/31
Document Type
Report
Report Number
196960
Volume No
1
Country
Zimbabwe,
Region
Eastern and Southern Africa,
Disclosure Date
2025/01/31
Disclosure Status
Disclosed
Doc Name
Zimbabwe Economic Update 2024 : Improving Resilience to Weather Shocks and Climate Change

Language

English

Rel. Proj ID

ZW-Zimbabwe Economic Update -- P507080

Major Sector

Public Administration

Theme

Economic Policy,Macroeconomic Modeling,Economic Growth,Debt Management,Exchange Rate Policies,Strengthen Financial Resiliency,Climate Change,Finance,Macro-financial policies, Environment, Infrastructure & Natural Resource Management,Climate and Disaster Risk Finance,Inclusive Growth,Adaptation,Economic Diversification,Modelling of the Macroeconomics of Climate Change,Climate-Smart Agriculture,Fiscal Policy

Sector

Central Government (Central Agencies)

Topics

Debt Relief,Financial Inclusion,Poverty,Procurement for Development,Social Protection,

Unit Owning

EFI-AFR1-MTI-MacroFiscal-1 (EAEM1)

Version Type

Final

Series Name

Zimbabwe Economic Update;

Product Line

Advisory Services & Analytics

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Citation

Easther Chigumira; Dominick Revell de Waal; Victor Steenbergen; Dhiraj Sharma; Kaushiki Singh; Easther Chigumira; Dominick Revell de Waal.

Zimbabwe Economic Update 2024 : Improving Resilience to Weather Shocks and Climate Change (English). Zimbabwe Economic Update Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099013025065013130

Zimbabwe Economic Update 2024 : Improving Resilience to Weather Shocks and Climate Change (English)

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