ECONOMIC AFFAIRS
The Economic Affairs Department is responsible for formulating and implementing economic policies for sustainable economic growth and development and a stable macroeconomic environment. It also provides provide policy advice on macroeconomic issues within the economy.
Departments Under The Directorate
Economic Policy Formulation and Implementation
Economic Planning and Modelling
Investment Coordination
Economic Policy Formulation and Implementation
- Coordinate formulation of the Pre-Budget Strategy Paper (BSP), National Budget Statement, Budget Highlights, Budget Speech and related policy statements;
- Monitor, evaluate and assess fiscal and macro-economic performance, producing regular analytical reports including Monthly State of the Economy, Treasury Quarterly Bulletin and Mid-Term and Annual Fiscal Policy Reviews;
Economic Planning and Modelling
- Coordinate the formulation, implementation and monitoring of the national and provincial economic development plans,
- Co-ordinate the development of comprehensive Macro-Economic Modelling and forecasting for the economy;
- Undertake economic research and produce sectoral papers on contemporary policy issues.
Investment Coordination
- Design and coordinate the formulation and implementation of investment policies.
- Coordinate the design of investment incentives to attract domestic and foreign direct investment and make Zimbabwe an attractive destination.
- Coordinate investment programmes in all sectors of the economy in accordance with the country’s macro-economic framework as well as the ZIDA Act.
- Analyse data on national and global investment trends as input into formulation of investment policies.
- Conduct investment promotion activities in collaboration with relevant partners and institutions, in order to identify investment opportunities and channel these into country’s priority.
- Conduct studies, research and regular analytic reports aimed at enhancing the investment climate, ease of doing business and competitiveness.