THE International Monetary Fund (IMF) has approved a 10-month staff-monitored program (SMP) for Zimbabwe, aimed at anchoring economic stability and supporting the nation’s efforts to re-engage with the international community. The informal agreement, announced Thursday, does not involve the immediate disbursement of funds. Instead, it serves as a technical framework to monitor the Zimbabwean government’s…
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IMF approves staff-monitored program for Zimbabwe
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Adelaide Moyo, Group Managing Editor
Adelaide Moyo is a business and financial journalist based in Zimbabwe. With a keen eye for detail and a deep understanding of market complexities, Adelaide consistently breaks down complex financial concepts and business trends into accessible, compelling narratives for a diverse readership. She specialises in areas such as macroeconomics, corporate finance, investment, and the critical issues impacting Zimbabwe's economy, including currency volatility, the informal sector, climate change, and illicit trade. Adelaide is a recipient of national awards for her reporting in different sectors of the economy. She is also a member of the Oxford Climate Journalism Network.