IMF, Zimbabwe agree on Staff-Monitored Program

The IMF announced earlier this month that it had reached a staff-level agreement with Zimbabwe on a non-financing arrangement designed to monitor and support the country’s economic reforms.

THE International Monetary Fund (IMF) has reached a staff-level agreement with Zimbabwe on a new 10-month Staff-Monitored Program (SMP), marking a critical step in the country’s efforts to normalise relations with international creditors and keep the economic recovery on track. The agreement, announced Friday following a mission led by Wojciech Maliszewski from January 28 to…

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