International Monetary Fund (IMF)

  • Business Briefs

    This is how Mthuli Ncube will spend the US$1bn IMF windfall

    FINANCE and Economic Development Minister Mthuli Ncube says Zimbabwe is today receiving close to US$1 billion, its allocation of Special Drawing Rights (SDRs) from the International Monetary Fund (IMF), adding that the SDRs “is just the booster this economy needs”. IMF member countries started getting their shares of the new special issue SDRs totalling about US$650 billion yesterday, and the…

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  • Business Briefs

    Mwonzora defends IMF’s 6 percent growth forecast for Zimbabwe

    THE MDC-T led by Douglas Mwonzora says the 6 percent economic growth forecast by International Monetary Fund (IMF) for Zimbabwe this year is accurate as seen by the ‘palpable’ economic turnaround achieved so far, and called for the West to lift sanctions against Zimbabwe. The IMF last month said its data showed a 6% growth in the Zimbabwean economy backed…

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  • Politics

    Biti blasts ‘dishonest’ IMF for predicting 7% economic growth for Zimbabwe

    FORMER finance minister Tendai Biti has describe the International Monetary Fund (IMF) as a naive and dishonest institution after it published a report forecasting a 7% growth in Zimbabwe’s economy. He said the report can only be believed by a failing President Emmerson Mnangagwa administration hungry foa a remote success story. This follows a press statement released by the IMF…

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