Since its inception, ZEPARU has been providing research-based policy options to policy makers in Zimbabwe as well as participating in key policy-making processes, policy task forces and working groups, and contributing, through identification and assistance, to the formulation of policies and strategies that have the potential to address the country’s current macroeconomic and development challenges . At its 39th Regular Meeting, in April 2008, the Executive Board approved a grant of US$ 1.7 million to ZEPARU II.
The goal of ZEPARU Phase II is to support the formulation and implementation of coherent, consistent and effective economic policies for good economic management and poverty reduction in Zimbabwe.