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Code: ASS – 014 Author: Roland Pearson, International Consultant and Petronalla Hungwe, National Consultant Quantity: 1 Type: copy Status: 1/1 IntroductionThe demand and supply side of the environment for micro and small enterprise (MSE) development has improved markedly in Zimbabwe over the last two to three years. Government has identified MSE development as a key element in the national economic development strategy. In addition, rhetoric and policy are supportive of private sector development. A more open economy has afforded more real business opportunities and scope for real entrepreneurial activity.
Fiscal and monetary performance have improved of late. Government’s debt burden as a percentage of Gross Domestic Product (GDP) has come down. In the wake of adverse shocks of Zimbabwe’s Economic Structural Adjustment Program (ESAP), inflation, along with nominal and read interest rates are still high, but stabilizing.