Terrence Mawawa|Through his political antics Emmerson Mnangagwa has managed to win the admiration of an International Monetary Fund(IMF) official.

The International Monetary Fund has
said Mnangagwa’s current
economic plan is a comprehensive stabilization
and reform effort.

Responding to an online question during Friday’s edition of IMF’s weekly question-and-answer
session, the Fund’s director of communications, Mr Gerry Rice, said IMF can only work on a financial programme with Zimbabwe once the
country strikes a deal with bilateral creditors and clears its arrears with other international financial institutions.

Said Rice:’We think the policies, to answer the question, the policies of the new administration under the Zimbabwe transition and stabilization program, do
constitute a comprehensive
stabilization and reform effort in order to address Zimbabwe’s
macroeconomic situation.
And, you know, we see it as a fairly
ambitious program that the authorities
have requested the staff monitored
program. I’m differentiating that from
an IMF financial program which, of
course, discussion of that, as we’ve
said here before, would require the
clearance of arrears by Zimbabwe to
the other international financial
institutions as well as an agreement
with official bilateral creditors. So we
are looking at a staff monitored
program, but not at this point, the full
financial program for the reasons I just
mentioned.”