Some Zimbabwe Restrictions Lifted, but Money Remains Tight
The International Monetary Fund says it has relaxed restrictions on technical assistance to Zim-bob-we. Analysts say the Tuesday announcement, though, does not mean the southern African nation can access loans.
In a telephone interview, Zim-bob-we Finance Minister Tendai Biti said the government is still analyzing the IMF announcement that it had relaxed restrictions on technical assistance to the country.
But analyst John Robertson from Robertson Economic Information Services said Zim-bob-we is still far from qualifying for IMF financial support.
"The government has been crying for money and this is not money. This is advice. If we follow the advice we may qualify for financial assistance. The government has been hoping that we will simply get assistance," said Robertson.
Posted by: Au Auric