Harare — South African President Jacob Zuma has told the International Monetary Fund to resume lending to Zimbabwe as he continues the battle to end the illegal economic sanctions against Zimbabwe.
However, just like recently when his call to British Prime Minister Gordon Brown for the European Union and its Western partners to lift the embargo did not get a positive response, the IMF maintained it was still not prepared to resume lending to Zimbabwe.
IMF boss Mr Dominique Strauss-Kahn cited "concerns" about the country's political situation.
"We are not yet at the point where resuming lending is possible," Mr Strauss-Kahn told reporters after meeting President Zuma yesterday following a two-day visit to South Africa.
He said he discussed Zimbabwe during his talks on Tuesday with President Zuma, who said aid should resume flowing to Harare.
"We are happy to help. We are ready to help, but . . . as long as the political situation will not make it possible to come back on track in terms of arrears and governance, it will be very difficult for us to come back," Mr Strauss-Kahn said.
However, the political and economic environment in the country has improved following the formation of the inclusive Government last year.
Zimbabwe owes about US$140 million in arrears to the IMF. Collectively, the country owes over US$5 billion to lending institutions.
The IMF last month restored Zimbabwe's voting rights after a seven-year suspension, but said Harare would not be able to access loans until the arrears are settled.
President Zuma, the Sadc mediator in Zimbabwe's political dialogue, has lobbied for Western nations and multilateral lenders to resume aid to Harare to help the inclusive Government function efficiently.
But the EU and the United States recently extended their illegal sanctions by another year.
Prime Minister Brown said after meeting President Zuma during his State visit to Britain that the sanctions would be lifted when there was progress on reforms.
Prime Minister Morgan Tsvangirai has also taken a step to call for the lifting of the illegal sanctions.
This was after British Foreign Secretary Mr David Miliband had said his country would only lift the sanctions at the behest of MDC-T.
But barely a day after PM Tsvangirai had shifted his stance on sanctions, the Barack Obama administration extended its embargo by another year, insisting that more should be done by the inclusive Government.
President Mugabe, while speaking to editors of media institutions in the country last week, welcomed PM Tsvangirai's call for the lifting of the sanctions.
President Mugabe, who is Head of State and Government and Commander-in-Chief of the Zimbabwe Defence Forces, said the PM should set up a team to engage the West on the sanctions.
Herald Reporter-AFP

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"We are not yet at the point where resuming lending is possible,"
THAT is putting it "nicely"..............
Let's see........
-the KP is cinsidering whether to Sanction Zimbabwe -the press of Zimbabwe is still not free -the "official" press of the "Gov't of Zimbabwe" continues to attack MDC-T -invasion of farms continues in contempt of ann SADC Tribunal ruling -ZANU-Poof youths continue their campaign of intimidation....... -the Police of Zimbabwe continue to refuse requests to investigate ZANU-Pf
NO - "We are not yet at the point where resuming lending is possible."
Zimbabwe is NOT eligible for further international finance because ZANU-Poof has shown no remorse for it's sins and has not renounced the intimidation of the people of Zimbabwe in order to obtain the electoral count they want.
NO, the time is not yet right "where resuming lending is possible."
So long as ZANU-Poof continues to rape and pillage the wealth of ALL Zimbabweans while protesting the so-called "illegal" sanctions and reaps millions in profits while the people suffer is indictment enough against ZANU-Poof!
No justice, no equality, no peace!
"Total Empowerment!" - you DO remember that ZANU-Poof PROMISED "Total Empowerment!" - Don't you? It was just leading up to the "election of June '08 after ZANU-Poof had LOST the "elections" of March '08.......
Curiously, the results of the March '08 "elections" have NEVER been released................... WHY NOT? Because ZANU-Poof could NOT withstand the utter repudiation of them in an "election"........
Needless to say, even the AU found the "run-off" to be "neither free, nor fair"............
I'm just here to remind you, ZANU-Poof PROMISED you would be "Totally Empowered!"................ Askk yourselves........ if an "election" is neither "free nor fair" how is it that an incumbant is able to retain their position in spite of the will of the people? Why is Bloodatined Bob STILL the "leader" of Zimbabwe when he LOST his election?
So, each and every one of you, tell ALL of us here on this board how you personally has been "Totally Empowered!"................................