Mthuli Ncube To Furnish IMF On Zim Debt

Finance Minister, Mthuli Ncube is in the United States of America for the IMF and World Bank 2019 springs meetings.

Ncube informed reporters that he is expected to report to the Breton Woods institutions on debt clearance, economic and political reforms.

He said he will also take the opportunity to ask for assistance in rehabilitating the Cyclone Idai ravaged areas.

Preempting his report, Ncube said:

The message I am carrying is that Zimbabwe is making excellent progress in its reform agenda under the TSP (Transitional Stabilisation Programme).

The discussions on the SMP (Staff Monitored Programme) and debt arrears clearance are (also) gathering pace.

However, in the interim, Zimbabwe needs international support, financially, to rebuild people’s lives after the devastating effects of Cyclone Idai.

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More: The Chronicle

 

1 Comment

  1. Mandla Khumalo Reply

    Its good to clear the nation debt so that we will be able to receive lines of credit.

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