The IMF is resisting calls to offer Zimbabwe new loans

The International Monetary Fund has said it will not lend more money to Zimbabwe, because the country is in arrears on repaying previous loans.

The IMF’s specialist Africa team is in Harare finalising a programme to help the government revive its stricken economy, with full details to be released next week.

IMF Assistant Director for Africa, Domenico Fanizza, told the BBC new loans were out of the question.

http://www.bbc.com/news/business-29387821

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