InfoAnda - Zimbabwe must clear arrears to get IMF help: Fund

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Sheen sitcom shutdown could cost millions | 31 January 2011
Mursi draws fire with new Egypt decree | | 23 November 2012
AMD launches new chips, challenges Intel | | 15 June 2011

Nine nations agree plan to combat arms flow to Gaza | International | | 14 March 2009

Forum Views () Forum Replies ()

Read more with google mobile : Zimbabwe must clear arrears to get IMF help: Fund | International |

My Profile Top News Reuters top ten news stories delivered to your inbox each day. Subscribe You are here: Home > News > International > Article Home Business & Finance News U.S. Politics International Technology Entertainment Sports Lifestyle Oddly Enough Environment Health Science Special Coverage Video Pictures Your View The Great Debate Blogs Weather Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters Your View Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters Zimbabwe must clear arrears to get IMF help: Fund Wed Mar 25, 2009 9:18am EDT Email | Print | Share | Reprints | Single Page [-] Text [+] By MacDonald Dzirutwe HARARE (Reuters) - Zimbabwe should clear arrears and implement sound policies if it is to get badly needed IMF financial and technical help to revive the country's devastated economy, the fund said Wednesday. The International Monetary Fund suspended Zimbabwe's voting rights in June 2003 as the country's economy deteriorated and President Robert Mugabe's government fell behind on debt repayments. A new unity government formed by Mugabe and old rival Morgan Tsvangirai has given Zimbabweans hope of rebuilding the economy but Western countries are still holding back crucial funding and demanding political and economic reforms. The IMF and other foreign donors have in the past halted aid over policy differences with Harare, including its controversial forcible redistribution of white-owned farms among blacks. "The IMF stands ready to continue to assist the authorities through policy advice. Technical and financial assistance from the IMF will depend on establishing a track record of sound policy implementation, donor support and a resolution of overdue financial obligations to official creditors," the IMF said in a statement. "Going forward, strengthening the investment climate, ensuring protection of property rights, and maintaining wages at competitive levels will all be essential for increasing domestic and foreign investment," it said at the end of a two-week visit to Zimbabwe by an IMF team. The IMF says it was owed $89 million at the end of February 2009. The World Bank says Harare owes it $600 million, and the African Development Bank says it was owed $429 million as of the end of June last year. Tony Hawkins, a professor of business studies at the University of Zimbabwe, who met the IMF and World Bank mission last week, said the team had been encouraged by the steps taken by the new government, including preventing the central bank from running the economy. "But until the Western governments, who are the main IMF shareholders, change their attitude, there is no money coming our way any time soon. They want to see who is really in control and an issue that comes to mind is that the government says it will not tolerate land invasions and yet they are still continuing." Zimbabwe's economy is in ruins with unemployment at around 90 percent but data Tuesday showed consumer prices fell in January and February after the government let shops use hard currency and abandon the virtually worthless Zimbabwe dollar. The government has also launched an economic recovery program that envisages political reforms to win back donor aid, although Western countries remain cautious. "Making further progress in structural reforms is essential for reviving economic growth and reducing poverty. A number of positive steps that are in line with previous IMF recommendations have already been implemented, including price liberalization," the IMF said Wednesday. © Thomson Reuters 2009 All rights reserved Share: Del.icio.us Digg Mixx Yahoo! Facebook LinkedIn Next Article: US STOCKS-Wall St set to rise on signs of economic thaw also on reuters Blog: Google’s chief: Small salary, big expenses Video Video: Luxury summer rentals sit on market Slideshow Slideshow: A look at anti-capitalist "Freegans" More International News Netanyahu pledges to pursue peace with Palestinians | Video Czech leftists say will not back any Topolanek government U.S. drone kills at least 7 in Pakistan tribal area Two Afghan farmers shot dead by NATO-led troops: police Israel "unlawfully" used shells in Gaza: rights group More International News... Editor's Choice Slideshow A selection of our best photos from the past 24 hours. Slideshow Most Popular on Reuters Articles Video U.S. bill seeks to rescue faltering newspapers Crash pilot who paused to pray is convicted China's last eunuch spills sex secrets UPDATE 3-Obama dismisses idea of single global currency UPDATE 2-DryShips posts fourth-quarter loss, shares down Brain differences mark those with depression risk The latest U.S. stocks rally may have momentum | Video U.S. immigrant detentions violate human rights: report White House seeks powers to shut firms like AIG | Video "Unafraid" China apparently fears YouTube Most Popular Articles RSS Feed Video Obama defends budget and dollar Komodo dragons kill fisherman Luxury summer rentals sit on market Drug war on Clinton agenda Zambia under water Hathaway takes on Garland Investors pause after surge Business Update: AIG fury lingers Geithner calls for new power Alaska volcano erupts Most Popular Videos RSS Feed Your opinion matters We want to hear from you Learn More Take Reuters online survey Reuters.com: Help and Contact Us | Advertise With Us | Mobile | Newsletters | RSS | Interactive TV | Labs | Reuters in Second Life | Archive | Site Index | Video Index Thomson Reuters Corporate: Copyright | Disclaimer | Privacy | Professional Products | Professional Products Support | About Thomson Reuters | Careers International Editions: Africa | Arabic | Argentina | Brazil | Canada | China | France | Germany | India | Italy | Japan | Latin America | Mexico | Russia | Spain | United Kingdom | United States Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Wednesday, 25 March 2009
Assessment finds gaps in Darfur aid delivery: UN | International |
Turkey says not yet decided on next NATO chief | International |
UN envoy says Madagascar risks further conflict | International |
Czech government loses confidence vote | International |
BMW art cars by Warhol, others in New York exhibit | Entertainment |
George Lopez to launch TBS talk show in November | Entertainment |
Japanese designer Kenzo trades art for new life | Entertainment |
NATO can't measure Afghan war performance: general | International |
Sudan's President Bashir to visit Egypt
Violence-plagued Mexico sees hope in U.S. border plan | International |
U.S.'s Iran offer can aid Mideast security
U.S. changes stance on reporters held by North Korea | International |
Israel's Labor votes to join Netanyahu government
U.S.'s Iran offer can aid Mideast security: ElBaradei | International |
Obama to tout economic progress at press grilling
Irish firm and officers charged with sales to Iran
US seeks powers to seize non-bank financial firms
German unions find new allies in crisis | International |
Netanyahu enlists Labour Party into Israeli coalition
Economic downturn weighs on Filipino migrant laborers | International |
IMF reforms lending to ease credit amid crisis
Assessment finds gaps in Darfur aid delivery: U.N. | International |
Sources: Obama to roll out Afghanistan plan Friday
Deutsche Bank might have to cut jobs: report
North Korea warns against U.N. action on rocket | International |
Palestinians launch rocket into Israel
EU gives time to rein in ballooning deficits
Indonesian police act on parliament bomb threat | International |
Scientists in possible cold fusion breakthrough
Tuberculosis ravages HIV/AIDS patients: WHO
Obama, astronauts talk up green energy in call
Lawmaker: Global warming plan won't be in budget
US military deaths in Afghanistan region at 597
Dell unveils new servers, storage for tight budgets | Technology |
North Dakota braces for record floods
T-Mobile USA unveils high-speed plans, new device | Technology |
Blockbuster aims beyond stores with TiVo deal | Technology |
US Embassy spills over onto Mexico City street
Obama to hold online question session Thursday | Technology |
Syrian leader: Syria to wait before judging Obama
Upstart OnLive takes aims at global console makers | Technology |
Upstart OnLive takes aims at global console makers
US overhauls strategy on Mexican drugs war
Obama to hold online question session Thursday
US: NKorea says US reporters will be treated well
U.S. online video viewing off 12 percent in February:ComScore
Hayfever robots help take the sting out of spring | Technology |
"Unafraid" China apparently fears YouTube
Microsoft's WorldWide Telescope to focus on Mars
Google search gets semantic
Second man charged with killing N Ireland police
EU travellers to get cheaper mobile messages
Second man charged with murder of N Ireland police
Radar deal paves way for new wireless system in Italy
France to finally compensate nuclear test victims
Forensics show Spector innocent of murder: lawyer | Entertainment |
Report: NKorea suspects US journalists were spying
HBO movie taking on Clintons, Blair | Entertainment |
North Korea warns against U.N. action on rocket
Motown drummer Uriel Jones dies in Michigan | Entertainment |
NKorea to treat detained journalists well: US
4 Dutch journalists detained in Indonesia's Papua
Supreme Court considers anti-Hillary Clinton movie | Entertainment |
Afghan TV station manager arrested over content
The Offspring hitting road after four-year break | Entertainment |
Nobel meeting postponed over Dalai Lama visa spat
Forensics show Spector innocent of murder: lawyer
Obama calls Rudd a partner for 'years to come'
Anne Hathaway tapped to play Judy Garland
Dutch journalists detained in Indonesian Papua: police
Indonesia military says no 'direct' payments from US miner
Scandal-hit Japan opposition chief fights on
NZ's consumer confidence slips in Q1-survey
S.Korea bonds fall ahead of gov't supply steps
Violence scars a scared community in 'Zooman'
Korea Hot Stocks
Forensics show Spector innocent of murder: lawyer
Japanese exports suffer another record plunge
An awkward romance sinks B'way's 'Impressionism'
Japan posts first trade surplus in 5 months
The Offspring hitting road after four-year break
Seoul shares open lower; banks take a breather
List of top 20 shows in prime-time Nielsen ratings
S.Korea fin min says to let market decide won
`Dancing' inching up on Fox's `Idol'
World hotel prices slump: survey
South Korean March consumer sentiment ticks down
China's proposal on launching a global currency 'serious'
George Lopez to launch TBS talk show in November
China raises prices of diesel, gasoline
"Wallace & Gromit" in episodic computer game
Phil Spector's attorney: Actress killed herself
Indonesia seeks 20 years for terror suspect
Netanyahu pledges to pursue peace with Palestinians | International |
U.S. drone kills at least 7 in Pakistan tribal area | International |
AP IMPACT: It's fear that keeps Baghdad's peace
Two Afghan farmers shot dead by NATO-led troops: police | International |
Czech leftists say will not back any Topolanek government | International |
Explosion in southeastern Turkey seen killing one
Netanyahu pledges to push Mideast peace
Israel unlawfully used shells in Gaza: rights group | International |
Boost for Netanyahu as Labour votes to join govt
German Ifo confidence index falls to record low
North Korea places missile on launch pad: report | International |
Seven killed in Afghan bus attack: ministry
Snacking during labour is OK, study finds
Sudan's Bashir visits Egypt despite ICC warrant | International |
Madagascar's Rajoelina seeks talks to calm crisis | International |
Seven Afghans killed in bus bomb: government
Cool welcome for Iraq's returning academics | International |
Zimbabwe must clear arrears to get IMF help: Fund | International |
Violence-plagued Mexico hopes for U.S. border plan
Urban League asks Obama to address black issues
UK must pry on data to block threats: ex-spy boss | Technology |
11-year-old faces life sentence for murder: report
Road rage goes virtual on Aussie motoring website | Technology |
Road rage goes virtual on Aussie motoring website
General says NATO can't measure Afghan war performance
YouTube confirms website blocked in China
Nokia invests in mobile money firm Obopay | Technology |
US to 'do more' against Mexican drug cartels
Hayfever robots help take the sting out of spring
Facebook vows 'improvements' after user backlash
T-Mobile USA unveils high-speed plans, new device
Mexicans praise US border security measures
Teenage hacker takes on cyber-crime for NZ telco
Dell unveils new servers, storage for tight budgets
Google executives get one-dollar paychecks in 2008
Nokia invests in mobile money firm Obopay
"Cloud-based" console takes aim at Wii, PS3, Xbox 360
Thai fireman dresses as Spiderman to rescue boy
Minister: Guide may have led Americans into NKorea
Cambodia says Thai troops crossed border
Doubling space station crew will further research
Japan readies N.Korean rocket launch response
China fights gerbil plague with 'the pill'
Filipino militants threaten to behead hostage
HBO movie taking on Clintons, Blair
N.Korea preparing for rocket launch: report
Pakistani police clash with protesters; 1 killed
Bomb kills 10 civilians in eastern Afghanistan
Brits dust off their dancing shoes
Top Chinese banks warn on outlook as profits soar
`Idol' finalists savor group prize: concert tour
Philippines warns budget deficit may exceed limit
It's a dog's life for India's growing pet industry
Korean official: G-20 stimulus must be ambitious
Haggard says he suggested divorce after scandal
S.Korea unveils measures to ease bond supply shock
Fear and fun in Acapulco for spring break
Japan not ruling out another rate cut
HBO movie taking on Clintons, Blair
POSCO to convert some of bond proceeds into won-official
Indonesia releases Dutch journalists in Papua
PetroChina 2008 net profit falls 28 pct
Indonesian minister wants to review vaccinations
Taiwan dollar closes at week low, more weakness seen
Chinese stocks fall after 7-day advance
China shares fall after week-long rally
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01