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*IMF Team Jets In For Second SMP Talks* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?pf A team from the International Monetary Fund (IMF) is in the country for a second staff-monitored programme (SMP) that seeks to consider possibilities of opening new credit lines to Zimbabwe. The IMF has over the years rendered technical assistance to Zimbabwe but has hitherto refused to open up lines of credit. ---------- itel A70 256GB $99USD WhatsApp: https://wa.me/+263715068543 Calls: 0772464000 ---------- Minister of Finance and Economic Development, Mthuli Ncube revealed the IMF team’s arrival. Said Ncube: > They (IMF) are in the country and we anticipate that the talks will go a long way towards increasing confidence and paving way for new avenues of growth. > … We have introduced the interbank market and other forces of economic systems that we anticipate will go a long way in the revival of this economy and shape the destiny of the future. Zimbabwe fell foul with the Bretton Woods institutions after it failed to fulfil its financial obligations resulting in the suspension of lines of credit at the turn of the millennium. *Related:* *Zimbabwe’s Currency Reforms Step In Right Direction- IMF* *We Want Zim To Succeed, We Will Support IMF Programme: UK Ambassador* *Zimbabwe Will Struggle To Get Financial Support From International Institutions Due To Its High Debt- IMF* *More: ZBC News Online* _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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