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Dar Es Salaam - The International Monetary Fund (IMF) cannot disburse funding to Zimbabwe until the country clears its arrears to the IMF and demonstrates responsible economic policies, the IMF's director for Africa, Antoinette Sayeh said on Tuesday.
She denied media reports that an IMF mission currently in
Zimbabwe - the first in two years - was discussing financial
assistance to the country.
"The fund is not in a position to disburse resources to
Zimbabwe, among other thing, because Zimbabwe is in arrears,"
Sayeh told Reuters on the sidelines of an IMF conference in the
Tanzanian capital to discuss the impact of the global crisis on
African economies.
- Reuters