Business Reporter
THE International Monetary Fund (IMF) team will be visiting Zimbabwe for two weeks .
The delegation’s work in Zimbabwe will be centred around Article IV Consultation on Staff Monitored Programme (SMP).
Treasury made the announcement of the IMF team’s visit in a statement last Friday.
“A team from IMF led by Mr Wojciech Maliszewski Mission Chief for Zimbabwe this morning paid a courtesy visit to the Finance minister Hon Mthuli Ncube and his Deputy Hon D.K. Mnangagwa,” Treasury said, in a post made on its official X account.
“Hon Minister Ncube appraised the team on the state of the economy and various policy interventions being taken by the government to ensure economic growth. The team is in the country for two weeks to undertake an Article IV Consultation and Staff Monitored Programme Request Mission. IMF will conduct a comprehensive consultation with various stakeholders.”
Under Article IV, a staff team visits a member country, collects economic and financial information and discuss with officials on the country’s economic developments and policies.
Zimbabwe wants an IMF SMP to help anchor its arrears clearance and debt resolution plan.
