Implications of Aid and Domestic Resource Financing on the Post 2015 MDG Agenda
This report presents the findings of a desk and field study that was commissioned by the Zimbabwe Coalition on Debt and Development, ZIMCODD over April –May 2014 with support from the Reality of Aid (ROA). The study sought to analyse Aid and domestic resource financing in Zimbabwe, and the implications of these on the Post 2015 MDG Agenda. This meant determining Zimbabwe’s (i) resource mobilisation status, including historical, current and projected trends, (ii) resource deficit, (iii) domestic mobilisation prospects, and implications for Post 2015 MDG financing. The study results indicate that in 2014 and Post 2015 MDGs period, Zimbabwe urgently needs adequate, stable and predictable domestic resources to finance priority MDG development programs and projects. This is a challenging task as, for the greater part of the three decades since independence in 1980, Zimbabwe’s economic and human development indicators depict persistent deterioration. In 2014 in excess of 70% of Zimbabweans lives below the ($1.25) poverty datum line, unemployment affects more than 80% of the labor force and life expectancy at birth is declining. Resources must of necessity grow with population growth, so that the state can address pertinent human development needs in a sustainable manner.