Staff Monitored Programme (SMP)

The International Monetary Fund (IMF), which is dispatching a mission to Harare next week, has ruled out giving any financial assistance to Zimbabwe until all external debts are settled. The IMF is expected in the country from August 31st to September 11th to undertake the second review of the Staff Monitored Programme (SMP). Last year the IMF agreed to a successor SMP – an informal agreement between country authorities and the global lender designed to…