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US new 5 year strategy for Zimbabwe approved

by Staff reporter
22 Aug 2016 at 10:28hrs | Views

The United States Agency for International Development, USAid, says Washington has approved a new five-year strategy for its mission in Zimbabwe, which includes helping the government make evidence-based decisions on economic policy reforms.

Zimbabwe, about 10% goes to economic recovery programmes. USAid Zimbabwe mission director, Stephanie Funk, said they will implement the new strategy when the fiscal year begins in October.

Funk could not reveal further details, as USAid was approaching the end of its fiscal year in September.

The 10% or the remainder of USAid's annual portfolio is after 61% that goes to health, 26% for humanitarian assistance and agriculture, and 10% for democracy and governance.

For a long time, Zimbabwe's donors have been supporting crucial systems of the economy that include providing technical support towards economic policy reforms.

Source - newsday
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