The International Monetary Fund (IMF) said on Thursday it has approved ‌a 10-month Staff-Monitored Program for Zimbabwe focusing on maintaining recent stabilisation gains and improving macroeconomic ⁠management.

The lender cut its 2026 growth forecast for the African continent to 4.3% in its global outlook on Tuesday, warning that energy importers without a strong ‌resource ⁠buffer would come under particular strain.

The economic fallout from the Middle East war and ⁠a collapse in foreign aid are pushing more African ⁠countries to the Fund, the IMF said ⁠earlier in the day.

–Reuters–