Business / Local
IMF, Zimbabwe discuss debt repayment
08 Sep 2015 at 00:37hrs | Views
International Monetary Fund (IMF) Executive Director for Africa, Ms Chileshe Kapwepwe is in the country for meetings centred on Zimbabwe's debt repayment strategies as well as Zimbabwe's economic policies.
Ms Kapwepwe met the Minister of Finance, Patrick Chinamasa and Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Mangudya to discuss Zimbabwe's debt repayment strategies ahead of an IMF and World Bank annual general meeting next month.
During the meetings, Ms Kapwepwe was updated on government's economic policies.
Sources close to the meetings say the government authorities called on the IMF Executive Director for Africa to spearhead the process of re-engagement with developmental partners.
An economist, Mr Zacks Murerwa said Ms Kapwepwe's visit will send a positive signal to creditors and the international community to do business with Zimbabwe.
"Indeed, it is something that will be critical in unlocking fresh business opportunities for this economy," he said.
In his state of the nation address, President Robert Mugabe said the government is pursuing domestic and external financing by re-engaging bilateral as well as multi-lateral partners such as the World Bank, IMF and the Africa Development Bank, among others.
Ms Kapwepwe met the Minister of Finance, Patrick Chinamasa and Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Mangudya to discuss Zimbabwe's debt repayment strategies ahead of an IMF and World Bank annual general meeting next month.
During the meetings, Ms Kapwepwe was updated on government's economic policies.
An economist, Mr Zacks Murerwa said Ms Kapwepwe's visit will send a positive signal to creditors and the international community to do business with Zimbabwe.
"Indeed, it is something that will be critical in unlocking fresh business opportunities for this economy," he said.
In his state of the nation address, President Robert Mugabe said the government is pursuing domestic and external financing by re-engaging bilateral as well as multi-lateral partners such as the World Bank, IMF and the Africa Development Bank, among others.
Source - ZBC
