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  • Patrick Ssa Reo June 2019 Trade 27

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    Zimbabwe ratified the AfCFTA agreement in 2019 but its previous industrial development policy expired in 2016. For trade to boost growth under the AfCFTA, Zimbabwe must address macroeconomic instability through fiscal adjustment, currency reform, and implementing its transitional stabilization program to achieve macroeconomic stability.

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    20190624 Patrick Ssa Reo June 2019 Trade 27

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    Zimbabwe ratified the AfCFTA agreement in 2019 but its previous industrial development policy expired in 2016. For trade to boost growth under the AfCFTA, Zimbabwe must address macroeconomic instability through fiscal adjustment, currency reform, and implementing its transitional stabilization program to achieve macroeconomic stability.

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    7 views1 page

    Patrick Ssa Reo June 2019 Trade 27

    Uploaded by

    retrogrades retrogrades
    Zimbabwe ratified the AfCFTA agreement in 2019 but its previous industrial development policy expired in 2016. For trade to boost growth under the AfCFTA, Zimbabwe must address macroeconomic instability through fiscal adjustment, currency reform, and implementing its transitional stabilization program to achieve macroeconomic stability.

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    Zimbabwe and the AfCFTA

    •Zimbabwe ratified the AfCFTA agreement in April 2019


    •Zimbabwe’s Industrial Development Policy expired in
    2016
    •Trade will not be an engine of growth if underlying macro-
    financial constraints are not tackled:
    • Fiscal adjustment leading to macro-economic stability
    • Successful currency reform
    •For that, need to implement Transitional Stabilization
    Program/Staff Monitored Program

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