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Zimbabwe squabbles rock IMF

by Staff reporter
16 Sep 2016 at 08:37hrs | Views

Fierce behind the scenes battles have erupted in and around the IMF to ensure Zimbabwe is not discussed at the annual meeting of the boards of governors of the IMF and World Bank Group in Washington DC on October 3-9 as debt ridden country seeks to secure new funding.

This comes as it emerged an IMF delegation which was supposed to arrive in Harare last Friday, aborted its visit as the fight over the Lima Plan escalates.

IMF spokesperson in Washington DC said the exact dates of the mission were yet to be finalized. Indications are that Zimbabwe will not be discussed at the annual meetings, effectively scuttling the Lima Plan which was endorsed at the annual meetings in Lima, Peru, last year.

Source - Zim Ind
More on: #IMF, #Zimbabwe, #Lima