The document summarizes Zimbabwe's economic situation, external shocks affecting the country, and steps needed to build resilience. Zimbabwe is facing economic fragility due to policy inconsistency, a widening fiscal deficit, and low productivity. External shocks like declining commodity prices and slowing growth among export partners are also hurting the economy. To build resilience, the document calls for creating a competitive market economy, implementing reforms to promote stability, strengthening institutions, and building fiscal buffers. It also discusses Zimbabwe's process of reengaging with international financial institutions to clear arrears and access external financing needed to support economic growth.