Comment: Zimbabwe's mystery repayment

Two weeks ago the Zimbabwean government managed to avoid expulsion from the IMF by paying off a large chunk of its debt to the Fund. However, the source of the forex-depleted government's finances remains a mystery.


Since February 2001 Zimbabwe has been in continuous arrears to the IMF. By mid-2005 the country owed the Fund a total of $295 million and expulsion looked very likely. Then in September last year the government made a surprise $120 million payment, leaving it

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