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...

How can Zimbabwe create the necessary fiscal space to absorb quasi-fiscal expenditures, reverse its upward trend in public debt, and support macroeconomic stability? Zimbabwe is faced with an unsustainable and growing stock of public debt. To service this debt, the Reserve Bank of Zimbabwe (RBZ)...

This paper uses a multi-methodological approach to measure the fiscal costs of monetary and exchange rate policy distortions in Zimbabwe. It identifies three channels through which these policy distortions affect tax revenue: the Olivera-Tanzi Effect (inflation-related tax payment lags), an...

Improving domestic revenue mobilization extremely important for Zimbabwe to create the fiscal space to absorb quasi-fiscal expenditures and support macroeconomic stability. In November 2023, Zimbabwe announced measures to raise additional tax revenue. This included limiting value-added tax (VAT)...

Literature on rebel governance has examined various ways in which rebels engage with civilians, build informal governing institutions, and exert social control during civil war. When rebels win, how does rebel governance affect post-war politics? This paper explores how varieties of insecurity...

Literature on rebel governance has examined various ways in which rebels engage with civilians, build informal governing institutions, and exert social control during civil war. When rebels win, how does rebel governance affect post-war politics? This paper explores how varieties of insecurity...

This disaster risk finance (DFR) diagnostic was prepared by the World Bank Finance, Competitiveness and Innovation Global Practice in response to a request from the Government of Zimbabwe (GoZ) for a study to assess the institutional, legal, and financial planning for financing of disaster risk...