IMF to Help Zimbabwe Overcome Debt

The International Monetary Fund has pledged to help government produce a debt repayment plan while urging Harare to cut  expenditure by slashing the wage bill. The IMF also called for the review of the indigenisation policy in order to attract foreign direct investment.

Patrick Chinamasa and IMF's Domenico Fanizza

  • Zimbabwe:   IMF Staff Concludes Mission for a Staff-Monitored Program to Zimbabwe

    IMF, 9 September 2014

    End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of… Read more »

  • Zimbabwe:   Zim Debt - Obstacle to Economic Recovery

    Zimbabwe Standard, 28 September 2014

    Zimbabwe has two options to turnaround the declining economy saddled by huge foreign debt -- looking for foreign direct investment (FDI) or domestic resource mobilisation, analysts… Read more »

  • Zimbabwe:   Govt Faces Fiscal Crisis on Bloated Wage Bill

    Zimbabwe Independent, 26 September 2014

    THE visiting International Monetary Fund (IMF) mission has raised the red flag and rang alarm bells over a looming fiscal crisis in Zimbabwe due to an unsustainable wage bill of… Read more »

  • Zimbabwe:   You're Not Special, IMF Man Tells Zimbabwe

    New Zimbabwe, 23 September 2014

    YOU'RE not special, the International Monetary Fund's man in Harare told the government Tuesday warning that the rest of Africa was marching on while Zimbabwe moans about spiteful… Read more »

  • Zimbabwe:   IMF Chief to Headline Breakfast Meeting

    The Herald, 22 September 2014

    In an unprecedented development in Zimbabwe, the head of the IMF mission to Harare Mr Domenico Fanezzi, will share a public platform with the Minister of Finance and Economic… Read more »

  • Zimbabwe:   Access to Credit Key to Development, Says IMF

    The Herald, 24 September 2014

    Zimbabwe faces formidable economic challenges, but sound policies can unlock the country's economic potential, the International Monetary Fund has said. Head of the IMF Mission to… Read more »

  • Zimbabwe:   IMF Team Visits Zim

    Zimbabwe Independent, 19 September 2014

    AN International Monetary Fund (IMF) delegation is in the country and will hold discussions with government ministers, captains of industry and senior government officials. Read more »

  • Zimbabwe:   IMF Team Arrives

    The Herald, 18 September 2014

    An International Monetary Fund team arrived in the country yesterday to negotiate a successor Staff Monitored Programme (SMP) and immediately held meetings with the Minister of… Read more »

  • Zimbabwe:   IMF Team Heads for Zimbabwe

    Zimbabwe Standard, 14 September 2014

    A team from the International Monetary Fund (IMF) will be in the country this week for a review of its supervised economic reform programme on the country as Zimbabwe pushes for a… Read more »

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