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Eugene Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-22-05 09:00 PM
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IMF considers Zimbabwe expulsion
Last Updated: Monday, 22 August 2005, 14:28 GMT 15:28 UK

IMF considers Zimbabwe expulsion

The International Monetary Fund (IMF) is holding discussions in
Zimbabwe on Monday, ahead of a meeting over whether to expel the
African nation.

The IMF has urged President Mugabe's government to sort out the
economy, which suffers from hyper-inflation, a collapsing currency
and debt arrears.

Following the week-long discussions in the capital Harare, the IMF's
board will meet in September.

<snip>

Earlier this month, South Africa indicated that it might help to pay
Zimbabwe's debts.

More: http://news.bbc.co.uk/2/hi/business/4173736.stm
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