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By Phillimon Mhlanga The International Monetary Fund (IMF) has warned Zimbabwe to start implementing its plan to resolve the country’s external debt arrears or risk losing momentum in its bid to re-engage international financiers. The country last year tabled proposals to clear US$1,8 billion in arrears to the World Bank (WB), IMF and the African […]
HARARE (Reuters) – The IMF might resume financial support to Zimbabwe as early as 2016 if foreign creditors accept Harare’s plans to clear arrears to international financial institutions and implement economic reforms to boost growth, an IMF official said on Monday.
HARARE – The International Monetary Fund (IMF), which is dispatching a mission to Harare next week, has ruled out giving any financial assistance to Zimbabwe until all external debts are settled. The IMF is expected in the country from August 31st to September 11th to undertake the second review of the Staff Monitored Programme (SMP). […]
Zimbabwe must provide more clarity on its black empowerment laws to investors and relax labour laws in order to restore confidence in the economy, newly appointed IMF Resident Representative Christian Beddies said.