Zimbabwe: Zim’s Next Test Is Unlocking Investment, Not Fighting Inflation, Says AfDB

Zimbabwe’s economic reforms have largely succeeded in restoring macroeconomic stability, but the country’s next challenge is transforming that stability into higher levels of investment that can drive sustained economic growth, the African Development Bank (AfDB) has said.

After years of focusing on taming inflation, stabilising the exchange rate and restoring fiscal discipline, the country’s policy agenda is increasingly shifting towards mobilising long-term capital for productive sectors such as…