The Reserve Bank of Zimbabwe (RBZ) has officially decoupled its transition to a monocurrency system from a fixed timeline, opting instead for a conditions-based framework under which the move will only be implemented once strict economic benchmarks are met.

The International Monetary Fund (IMF) and Zimbabwean authorities have reached a staff‑level agreement on a proposed 10‑month Staff‑Monitored Programme (SMP) designed to consolidate macroeconomic stability, strengthen policy credibility, and advance arrears clearance and debt restructuring, IMF team leader Wojciech Maliszewski said after meetings in Harare.