Parliament has reaffirmed its commitment to strengthening economic governance and supporting ongoing macroeconomic reforms under the International Monetary Fund (IMF) Staff Monitored Programme (SMP).
Speaker of Parliament, Jacob Mudenda, said Parliament remains central to promoting accountability, fiscal discipline and transparency as the country consolidates economic stabilisation gains.
“Parliament has a vital oversight role in promoting transparency and sound public financial management, which are key pillars of good economic governance,” said Mudenda after meeting with IMF Resident Representative to Zimbabwe, Daniel Gurara, at the Parliament Building in Mt Hampden yesterday.
He said the legislature would continue exercising its constitutional mandate to ensure public resources are managed responsibly and in line with national development priorities.
“The attainment of macroeconomic stability requires robust parliamentary oversight systems that support accountability, fiscal prudence and effective implementation of national policies,” he added.
Mudenda added that Parliament was committed to supporting reforms aimed at strengthening institutions and enhancing public confidence in the country’s economic governance framework.
“Zimbabwe’s economic transformation agenda must be anchored on transparency, policy consistency and strong governance institutions capable of sustaining long-term development.
The engagement with the IMF formed part of efforts by Parliament to deepen understanding of economic reform processes and ensure legislators remain informed on key national fiscal and monetary issues,” the Speaker noted.
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“Parliament will continue engaging development partners and international financial institutions to promote constructive dialogue around Zimbabwe’s economic recovery efforts.”
The IMF Staff Monitored Programme is a non-financial arrangement designed to help countries establish a track record of sound economic policies and reforms.
