The IMF is expected in the country from August 31st to September 11th to undertake the second review of the Staff Monitored Programme (SMP).
Last year the IMF agreed to a successor SMP — an informal agreement between country authorities and the global lender designed to monitor the implementation of the authorities’ economic programme — to help the country get out of the woods.
Finance Minister Patrick Chinamasa has for years been requesting for fresh funds from the IMF so the country can clear its external debt and move forward. Government insiders say the economic situation is now worsening.
IMF resident representative to Zimbabwe, Christian Beddies, told VOA Studio 7 that engagement with Harare is continuing. – VOA
IMF and Chinamasa are both nonsense…..what do IMF coming to do what in Zimbabwe?….Chinamasa is organizing silly meeting with people who comes to the country without a solution..we know already that they wont help Zimbabwe with anything before Zimbabwe pays its debt….so IMF stay aloof…..