Zimbabwe: 'Repay Debts and IMF Will Resume Lending'

The International Monetary Fund will resume lending to Zimbabwe only after the country clears its arrears to the World Bank and the African Development Bank and IMF, a senior official said.

Speaking before the Parliamentary Portfolio Committee of Budget and Finance last week, IMF Head of Mission Domenico Fanizza said while preliminary results showed the Staff Monitored Programme for Zimbabwe was successful, there was need to address some underlying issues.

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