Economic Governance

Brief Description:

For more than two decades, Zimbabwe’s economy has underperformed partly due to climate change, the land reform exercise of the year 2000, and sanctions imposed by some foreign Governments. A generally negative country perception created by perceived Governance deficits has also kept many opportunities at bay. 

The country’s debt has perpetuated economic challenges, as the longstanding arrears to international creditors have led to restrictions in access to external financing and investment which, together with the increasing incidence of climate change and rapid informalisation, have weighed down on growth. The lingering economic and political challenges combined, create a need for urgent economic governance interventions to help strengthen both the fiscus and the economy which will, in turn, facilitate debt resolution, sanctions removal, and further growth. 

This project therefore seeks to enhance the capacities of cross-sectoral stakeholders to make a meaningful contribution to both economic growth and the fiscus.

SDGs ADDRESSED

1

NO POVERTY

8

DECENT WORK AND ECONOMIC GROWTH

11

SUSTAINABLE CITIES AND COMMUNITIES

12

RESPONSIBLE CONSUMPTION AND PRODUCTION

16

PARTNERSHIPS FOR THE GOALS

Impact

START DATE

April 2023

END DATE

September 2024

STATUS

Ongoing

PROJECT OFFICE

Zimbabwe

IMPLEMENTING PARTNER

UNDP

DONORS

UNITED NATIONS DEVELOPMENT PROGRAMME

TOTAL CONTRIBUTIONS

$1,032,336

DELIVERY IN PREVIOUS YEARS

2023$250,440

2024$171,135

Full Project information