This inaugural report provided a deep analysis of the state of the Zimbabwean economy in 2025 and succinctly forecasted the 2026 economic outlook. In terms of structure, this report provides a thorough analysis of global and domestic economic developments. With respect to global economic developments and outlook, the report provides a comprehensive analysis of growth and inflation trends in advanced economies, emerging markets and Sub- Saharan Africa within the purview of geopolitical events and economic determinants such as climate- induced risks, inflation, demand and supply dynamics, and their implications on Zimbabwe. Additionally, developments in international commodities and their impact on the Zimbabwe economy are provided. With respect to the Zimbabwean economic affairs, this report delves deeply into the real sector, fiscal developments, monetary and exchange rate developments, financial market developments, the external sector and public debt. Most critically, as part of the analysis of domestic economic developments, this report reviewed the performance of socio-economic development indicators which, inter alia, include poverty levels, stunting growth rates, unemployment, health, education, quality of life and population metrics.