IMF will not fund Zimbabwe programmes

IMF will not fund Zimbabwe programmes
Published: 21 October 2013
Zimbabwe will not receive any money from multilateral institutions until it completes the staff monitored programme proposed by the International Monetary Fund, Finance and Economic Development Minister Patrick Chinamasa has said.

Chinamasa was in Washington DC last week for the annual International Monetary Fund and World Bank Spring Meetings.

He said that he had asked them to come up with innovative ways to assist the economy, which they agreed to but did not make any promises.

Chinamasa said consultations for the 2014 National Budget were now in progress.

He said government was prioritising the energy and water sectors which were necessary for attract investment.
- herald
Tags: IMF,


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