Transcription of 2016 MID-TERM MONETARY POLICY STATEMENT BY DR. J. …
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2016 MID-TERM MONETARY POLICY STATEMENT BY DR. J. …
1 2016 MID-TERM MONETARY POLICY STATEMENT BY DR. J. MANGUDYA GOVERNOR RESERVE BANK OF ZIMBABWE WALK THE TALK TO RESTORE TRUST AND CONFIDENCE 2 TABLE OF CONTENTS SECTION 1: INTRODUCTION .. 7 BACKGROUND AND CONTEXT ..7 SECTION 2: EXTERNAL SECTOR & INFLATION DEVELOPMENTS .. 10 Global Economic Developments .. 11 International Commodity Price Developments .. 12 Base Metals and other commodity prices .. 13 Implications of global economic developments on domestic economic activity .. 14 BALANCE OF PAYMENTS DEVELOPMENTS .. 15 Merchandise Trade Developments .. 15 International Remittances .. 17 Foreign Private Capital Flows .. 18 Foreign Payments ..19 Current and Capital Account Developments ..20 ZIMBABWE INFLATION Inflation Outlook ..24 SECTION 3: FINANCIAL SECTOR DEVELOPMENTS.
1 2016 mid-term monetary policy statement by dr. j. mangudya governor reserve bank of zimbabwe walk the talk to restore trust and confidence
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