IMF: We are not going to fund Zimbabwe until there are reforms #ThisFlag

IMF: No Financing Program Under Discussion With Zimbabwe

(Bloomberg) — Once Zimbabwe clears arrears with International Monetary Fund and IMF board approves normalization of relations with country, IMF would then consider any request for financing, IMF spokesman Gerry Rice says.

• Rice speaks at regular IMF press briefing in Washington
• “We are far from a program deal with Zimbabwe,” Rice says
• Before considering any request, IMF needs to see design of sound economic policies, financing assurances
• Zimbabwe economy needs immediate reforms