Addressing Price Instability to Achieve Macroeconomic Stability in Zimbabwe

Zimbabwe has since the turn of the century faced a multifaceted crisis, characterised by price instability, driven by high inflation rates and exchange rate volatility. According to Jowah, (2023), in SIVIO Institute’s Citizens’ Perceptions and Expectations Survey report, price instability was the fourth highest concern for citizens. Livelihoods have been negatively affected by the continuous changes to prices of consumer goods. This policy brief outlines strategic recommendations to achieve macroeconomic stability by controlling inflation and ensuring steady price levels over time. These observations are made noting the repeated cycles of economic distress fuelled by a weak productive sector and poor monetary policies in the country and form part of citizen recommendations from the Policy Advocacy Lab process facilitated by SIVIO Institute between 2023 and 2024