News / National
US new 5 year strategy for Zimbabwe approved
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.
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