IMF sees signs of recovery in Zimbabwe


The International Monetary Fund (IMF) said on Thursday that there were signs that a nascent economic recovery was underway in Zimbabwe.

Following a nine-day mission, which concluded on 30 June, Vitaliy Kramarenko, the mission chief, said: "As a result of improvements in macroeconomic policies, a nascent economic recovery appears to be underway"

A more liberal economic environment, price stability, a deepening in financial intermediation, and increased access to foreign credit lines had, he said,

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