WARNING: This is Version 1 of my old archive, so Photos will NOT work and many links will NOT work. But you can find articles by searching on the Titles. There is a lot of information in this archive. Use the SEARCH BAR at the top right. Prior to December 2012; I was a pro-Christian type of Conservative. I was unaware of the mass of Jewish lies in history, especially the lies regarding WW2 and Hitler. So in here you will find pro-Jewish and pro-Israel material. I was definitely WRONG about the Boeremag and Janusz Walus. They were for real.
Original Post Date: 2009-05-18 Time: 19:00:02 Posted By: Jan
Zimbabwe has been in continuous arrears to the IMF since February 2001 
By Nokuthula Sibanda
Harare – Zimbabwe has made an undertaking to pay the International Monetary Fund (IMF) US$100 000 quarterly to settle its long outstanding US$131 million arrears, the Fund has said. The undertaking by Harare comes at a time when, the IMF will be arriving in the country today for a two-week programme which ends on May 29. “Authorities have committed to regular payments to the fund of about $100 000 per quarter starting with the next fund financial quarter,” the IMF said in it’s report titled Request for Targeted Lifting of the Suspension of Fund Technical Assistance. “Targeted Fund technical assistance in strengthening capacity would increase the chances of resolving Zimbabwe’s arrears to the Poverty Reduction and Growth Facility-Exogenous Shocks Facility Trust (PRGF-ESF Trust). Zimbabwe has been in continuous arrears to the IMF since February 2001 and is the only case of protracted arrears to the PRGF-ESF Trust, which currently amount to US$131 million. “In light of Zimbabwe’s very limited payment, it would be difficult for the country to make significant payments to the Fund under current circumstances.” The report noted that there has been significant improvement in Zimbabwe’s cooperation on economic policies to address its arrears problems since the executive board reviewed Zimbabwe’s overdue obligations.
This week’s visit by the IMF will be the second this year by the international lender after another visit to the southern African country last March. The mission comes two weeks after the IMF board announced on May 6 that it was lifting a ban on technical support to Zimbabwe where a power-sharing government between President Robert Mugabe and Prime Minister Morgan Tsvangirai has been attempting to implement reforms to stop years of economic decline. The IMF said it would offer technical assistance in the areas of tax policy and administration; payments systems; lender-of-last-resort operations and banking supervision; and central banking governance and accounting. The IMF has however maintained a ban of financial support to Zimbabwe imposed 10 years ago following differences with Mugabe over fiscal policy and other governance issues. Key Western donor countries have also withheld direct financial support to Harare, demanding that the unity government carry out far reaching political and media reforms and end a fresh wave of farm invasions before they consider releasing any money. Tsvangirai has made a priority of trying to restore ties with international lenders and the IMF sent a mission to Zimbabwe just one month after he took office.
Original Source: Zim Online (SA)
Source: http://www.zwnews.com/issuefull.cfm?ArticleID=20841