Guarded business toasts to IMF deal

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.

BUSINESS is cautiously optimistic about the country’s recent agreement with the International Monetary Fund (IMF) on a new Staff-Monitored Programme (SMP). Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — top corporate executives said this week that although the SMP was not likely to…

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