NATIONAL DEVELOPMENT STRATEGY 1

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Republic of Zimbabwe

"Towards a Prosperous & Empowered Upper Middle Income Society by 2030"

NATIONAL DEVELOPMENT STRATEGY 1

January 2021 ? December 2025

16 NOVEMBER 2020

HARARE

Republic of Zimbabwe

"Towards a Prosperous & Empowered Upper Middle Income Society by 2030"

NATIONAL DEVELOPMENT STRATEGY 1 January 2021 ? December 2025

November 2020

TABLE OF CONTENTS

ZIMBABWE FACT FILE ................................................................................................................ii ZIMBABWE MAP ........................................................................................................................iii FOREWORD ...............................................................................................................................iv PREFACE ....................................................................................................................................vi NDS1 EXECUTIVE SUMMARY.....................................................................................................ix ACRONYMS ............................................................................................................................xviii

CHAPTER 1 ................................................................................................................................ 1 CONTEXT OF THE NATIONAL DEVELOPMENT STRATEGY 1 (2021-2025) ............................. 1 Introduction................................................................................................................................1 Policy Thrust under the Second Republic ......................................................................................2 Transitional Stabilisation Programme (TSP)...................................................................................3 Thrust of the National Development Strategy 1: 2021-2025...........................................................5 Managing for Development Results under NDS 1 ..........................................................................8 NDS1 Key Success Factors.........................................................................................................11 NDS1 Cross Cutting Issues ........................................................................................................13

CHAPTER 2 .............................................................................................................................. 14 NDS1 MACROECONOMIC FRAMEWORK .................................................................................. 14

Recent Economic Developments.................................................................................................14 Macroeconomic Outlook ............................................................................................................16 Key Pillars of the NDS1..............................................................................................................18 Overview of NDS1 National Priorities ..........................................................................................19 Fiscal, Monetary and External Sectors ........................................................................................24 CHAPTER 3 .............................................................................................................................. 26 ECONOMIC GROWTH AND STABILITY................................................................................. 26 Introduction.............................................................................................................................. 26 Sustainable Economic Growth ....................................................................................................26

NATIONAL DEVELOPMENT STRATEGY 1

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