{"id":56458,"date":"2022-03-25T21:13:36","date_gmt":"2022-03-25T19:13:36","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/?p=56458"},"modified":"2022-03-25T20:07:47","modified_gmt":"2022-03-25T18:07:47","slug":"a-third-of-zimbabwes-total-population-faces-starvation-imf","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/a-third-of-zimbabwes-total-population-faces-starvation-imf","title":{"rendered":"A Third Of Zimbabwe\u2019s Total Population Faces Starvation  \u2013 IMF"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Zimbabwe. <\/strong><\/span>The International Monetary Fund (IMF) Thursday said at least a third of Zimbabwe\u2019s total population faces starvation as a result of high inflation and exchange rate fragilities, which have been compounded by a poor rainfall season,<\/p>\n<p>Zimbabwe has an estimated population of 16 million people and a third translates to over five million people.<\/p>\n<p>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.<\/p>\n<p>This would be a vital step in limiting the impact of bad policies, IMF said.<\/p>\n<p>However, it commended the government for swiftly combating the COVID-19 pandemic, although policy missteps were now overshadowing its interventions. IMF said:<\/p>\n<p>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.<\/p>\n<p>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.<\/p>\n<p>The government has already ruled out this year\u2019s farming season following inconsistent rains.<\/p>\n<p>Senators recently urged the government to raise the maize producer price to lure more farmers into growing the crop.<\/p>\n<p>More: NewsDay Zimbabwe<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/zimbabwe\">Zimbabwe<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Zimbabwe. The International Monetary Fund (IMF) Thursday said at least a third of Zimbabwe\u2019s 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 [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":56457,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6,35,15],"tags":[1493,2189,4791,19],"class_list":["post-56458","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-zimbabwe-2","tag-international-monetary-fund-imf","tag-zimbabwe"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>A Third Of Zimbabwe\u2019s Total Population Faces Starvation \u2013 IMF - 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