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A Third Of Zimbabwe's Total Population Faces Starvation - IMF

A Third Of Zimbabwe's Total Population Faces Starvation  - IMF

The International Monetary Fund (IMF) Thursday said at least a third of Zimbabwe’s total population faces starvation as a result of high inflation and exchange rate fragilities, which have been compounded by a poor rainfall season, 

Zimbabwe has an estimated population of 16 million people and a third translates to over five million people.

In a statement released following the conclusion of its 2022 Article IV Consultation, the IMF said one of the most immediate, crucial interventions that Zimbabwe required was to end the currency crisis.

This would be a vital step in limiting the impact of bad policies, IMF said.

However, it commended the government for swiftly combating the COVID-19 pandemic, although policy missteps were now overshadowing its interventions. IMF said:

High double-digit inflation and wide parallel foreign exchange market premium have persisted. Poverty has risen and about a third of the population is at risk of food insecurity.

In the past three years, Zimbabwe has been held back by exogenous shocks, including drought and a string of cyclones, which led to a deep recession.

The government has already ruled out this year’s farming season following inconsistent rains.

Senators recently urged the government to raise the maize producer price to lure more farmers into growing the crop.

More: NewsDay Zimbabwe


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26 Comments

Jah🇿🇼Tsvarie-07 2 months ago

Because labour in Zimbabwe is free the economy will grow much higher, companies sell in US$ and pay workers in Rtgs$ that they used to burn before the government started monitoring that. From February it has become hard for companies to pay the Rtgs$ because they now scared to burn making it even worse for employees coz salaries no longer come on time.
its not because the companies don't have money, they don't want to pay in US$ that they sell at and its profits all the way 😀


Worzell Gummidge 2 months ago

Meanwhile "Vene vayo" are frithibg at the mouth, threatenibg to ban NGOs that feed poor people facing starvation. NGOs like Caritas, USAID, World Vision, CRS, Plan International & EU help in poverty alleviation; but the Devil rages with anger when good deeds are done and starts ruining it all so that everyone suffers except him and his demons in Zanu Pf.


@YoungAcademic 2 months ago

60% OF ZIMBABWE'S POPULATION LIVE IN POVERTY.
30% OF ZIMBABWE'S POPULATION FACE STARVATION.
STARVATION AND POVERTY NEITHER MEAN 1 THING NOR DO THEY OCCUR HAND IN GLOVE.

IF A COUNTRY LIKE SAUDI ARABIA FOR EXAMPLE , WAS TO LOSE ALL ITS FOOD IMPORTS , THE POPULATION WOULD FACE STARVATION AND LARGE SCALE FOOD INSECURITY.CALLING IT POVERTY WOULD INAPPROPRIATE AND MISINFORMING.

THE IMF SAID ZIMBABWE'S GDP GREW ROUGHLY 6%.OF COURSE THIS IS GOOD BECAUSE THE ECONOMY GREW BUT IF YOU LOOK AT IT CLOSELY , A TINY ECONOMY SIMPLY GREW BY A TINY MARGIN. HOPE THIS HELPS


@YoungAcademic 2 months ago

60% OF ZIMBABWE'S POPULATION LIVE IN POVERTY.
30% OF ZIMBABWE'S POPULATION FACE STARVATION.
STARVATION AND POVERTY NEITHER MEAN 1 THING NOR DO THEY OCCUR HAND IN GLOVE.


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mafia 2 months ago

vapfanha vairi avo John nechimwe ichi vanoziva zvavari kutaura it's not just a matter of criticizing kana kungoti ndiri weZanu pf saka weCCC akataura chinemusoro ndoto opposer ... thus being silly.kuvoter tinongonovhota kwete zvekuti hee hee totofungawo ended watiri kuvhotera tozvizivira kwete kungoratidzira


zimboy 2 months ago

over 50% of zimbos live less thn a dollar per dae...a third too little myb 2/3


Anonymous 2 months ago

Even article yaitaura zve growth ye economy zve poverty zvaivepo futi


Obama 2 months ago

iwe John unotorwarawo iwe how can you explain rubbish,the one akapa comment yekuti economy irikukura akatengwa neteam rako iro


Machiavelli 2 months ago

Sorry my dear, John is right. What we have is growth of the economy from a very small base. For example if last year the total worth of the Zimbabwean economy was $1 million, a 6% growth makes this year's worth $1.06 million, a growth of only $60,000 to be shared among 17 million people. Basically that growth means nothing.

Then let's take the South African economy, with last year's worth of US$200 trillion, a 5% growth means this tear South Africa has an economy worth US$212 trillion a growth of US$12 trillion. And my dears that is growth worth talking about, even if it is shared by 42 million South Africans

This is why Biti was always against indigenisation mantra by saying "I would rather own 10% of an elephant, rather than 100% of a rat"

Zoe 2 months ago

@John the question is why people are starving when the economy grew on the back of a bumper harvest.


Yellow Mellow 2 months ago

hmmmm... you are an intellectual indeed. well explained.

THE FIEND 2 months ago

Very good John.

John 2 months ago

I just said it. Or do you not understand English. I said :
1. 6% in our case is insignificant. If you have a drop of water and someone adds 6% more can you really say they did anything. Will you be able to quench your thirst
2. Economics don't work they way you think they do. The economy may grow a million percent and that doesn't mean the number of poor people will drop. Fact of the matter is there is poverty because of harmful policies. Get it, the root cause of poverty anywhere and anyhow is fundamentally poor choices. Anytime they talk about GDP you might as well close your ears because that does not matter for the average person. Do you get it. Here's how economics work, let's say the economy grew 150%, you would ordinarily think that's good and normally it is. But there are factors like greed, which might mean that only a few people will benefit from that as with the case here in zim. Also those gains are things like expatriation of funds, only producing raw materials and foreign dependence on goods and services will mean that there will be still high unemployment translating high poverty rates.

Do you now get it.

The average person should only concern themselves with the unemployment rate and the checking the minimum wage against the poverty datum line

That's a better way for the intellectually disadvantaged to see why porverty rates keeps rising
i.e the unemployment rates keep rising and the gap between minimum wage and the poverty datum line keeps widening.

All of that about bumper harvests and all of that are non of your business unless you are a commercial farmer because that money will be going to their pockets and only their pockets

Cde Chinx 2 months ago

yesterday it was economic growth by 6.3%, today its ⅔ face starvation. Who's doing calculations for IMF???


International Development practioner 1 month ago

@CdeChinx the economic growth does not measure The Human Development the economic growth is based on the GDP and GNI whilist do human we use the Human Development Index to indicate poverty not what you are saying those economic development and Human starvation rate are measured with two different indices 🤨🤨🤨

Cde Chinx 2 months ago

Vote CCC kwauri ikoko
☝☝☝

Leah 2 months ago

Read to understand it wiru work, but if you don't understand what you read it wiru won't work simpuru
God bress Pumura

Hondo 2 months ago

mayeeeeww


Yu 2 months ago

Thanks @John


@20 2 months ago


Makelanwi 2 months ago

But the same IMF has projected a 6.3% growth on our economy.It is now difficult to comprehend the state of our economy on the backdrop of two conflicting statements.


Mark 2 months ago

*its

Mark 2 months ago

So basically the economy grew for those High in business yet we all the ordinary citizens won't even feel it's growth

John 2 months ago

It grew by 6% of which that's a very small percentage whilst Zimbabwe has a very very small economy. All this means a very small economy grew a little. All that being said, having a big economy does not mean zero poverty. Taking India for example, very big economy yet millions live in poverty. We can compare the size of the economy to its wealth, but that wealth can also be in the hands of a few people so there's that. Now this is just me trying to explain it in the simplest way I know how. The whole thing is very long and complex and there are a lot of factors to consider

🧑‍🎓 2 months ago

A third, that's an underestimation


Yu 2 months ago

Whilst our economy grew by 6.3% .. I need someone to educate me how this works..



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