IMF Says Zimbabwe’s Economy Has Made ‘Significant Progress’

The International Monetary Fund said Zimbabwe’s economic reforms have made “significant progress,” but the nation still has more work to do before earning an IMF staff-monitored program.

“In the context of the requested SMP, IMF staff stands ready to resume discussions in due course once decisive steps have been taken by authorities to address the key policy issues highlighted by the mission,” the Fund said in a statement late Wednesday.