Harare, (New Ziana) – Zimbabwe’s economy is poised for sustained growth this year, underpinned by improving macroeconomic stability and a disciplined monetary policy framework, Reserve Bank of Zimbabwe (RBZ) Deputy Governor, Dr Innocent Matshe has said.
He was speaking at a State of the Economy and 2026 Economic Outlook meeting attended by key economic stakeholders, where he outlined the central bank’s assessment of current economic conditions and the policy direction going forward.
Dr Matshe said the prevailing stability across major macroeconomic indicators had been instrumental in supporting robust economic expansion in 2025, with growth estimated at 6.6 percent. Building on this momentum, the economy is expected to remain resilient in 2026, with growth projected at no less than five percent.
“Macroeconomic stability has been critical in underpinning the strong performance recorded in 2025, and in 2026, monetary and financial conditions will be calibrated to support envisaged growth of at least five percent,” he said.
Turning to inflation, the Deputy Governor expressed confidence that price pressures would remain contained under the Zimbabwe Gold (ZiG) currency regime. He said the disinflationary trend observed in recent months is expected to persist, with inflation projected to decline further and reach single-digit levels in the first quarter of 2026.
“ZiG inflation is projected to remain low and stable, with the disinflationary path continuing on a downward trajectory into early 2026,” he said.
Dr Matshe said the Reserve Bank remained vigilant and responsive to evolving economic conditions, adjusting its monetary policy stance as necessary to strike an appropriate balance between price stability and economic growth.
He added that the central bank will continue to pursue a prudent, data-driven approach to monetary policy formulation, supported by effective and transparent communication.
Regular updates, he noted, are intended to foster certainty and predictability, which are critical for strengthening confidence among economic agents.
“The Bank will continue to pursue a cautious and evidence-based monetary policy stance, reinforced by consistent communication to enhance market confidence,” Dr Matshe said.
Looking ahead, he said the Reserve Bank’s overarching objective is to entrench macroeconomic stability as a foundation for the county’s long-term development agenda.
This includes supporting the roadmap towards a mono-currency system and contributing to the achievement of the National Development Strategy 2 (NDS2) objective of transforming Zimbabwe into a prosperous and empowered upper-income society by 2030.
“Our policy focus remains firmly on consolidating stability in support of sustainable and inclusive economic growth,” he said.
New Ziana
