IMF team in Harare

HARARE - AN IMF team of experts is in the country meeting politicians from both the ruling Zanu (PF) and the opposition MDC parties, as well as businessmen. Finance Minister, Herbert Murerwa, told state-run media over the weekend that the visit was 'routine' and that the team would 'assess how the g

overnment is resolving certain challenges’. Zimbabwe has been on IMF’s short-list of terminally ill economies for several years. It was US$128 million in arrears with its debt repayments before President Robert Mugabe raided corporate foreign currency accounts and export earnings of the nation’s few remaining exporters to make the minimum replaying in order to avoid expulsion from the world body. – – Own correspondent

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