International Monetary Fund
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We must increase lending to the world’s poorest countries now – or pay the price later
Mark Lowcock Larger economies have been flexible and creative coping with Covid’s impact – the same mindset needs to be applied to helping poorer countries. The International Monetary Fund (IMF) predicts Africa will suffer its worst recession since the 1970s. For the first time since the 1990s, extreme poverty will increase. The annual death toll…
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IMF Executive Board Concludes 2020 Article IV Consultation with Zimbabwe
On February 24, 2020, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Zimbabwe. As the Board meeting and the policy discussions with the authorities on which the staff report is based occurred before the COVID-19 became a pandemic, the staff report does not reflect the implications of this…
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IMF SMP – an abortive entry point for full support of the regime
By Jacob Mafume (MDC Spokesperson) The proposed International Monetary Fund (IMF) Staff Monitored Program is an entry point for full support of the regime and it ignores the factors arresting the Zimbabwean economy. Zimbabwe has had a stolen election; it was disputed by most players including the biggest political party, the MDC. More importantly, the…