Zimbabwe’s re-engagement efforts with global multilateral financiers will be under the spotlight when an International Monetary Fund (IMF) team visits the country next month to assess economic reforms.
International funding agencies are considered an important element in providing opportunities for the development of economies.
While the second republic is showing commitment to restore ties with the global or multilateral banking institutions, policies are also being put in place to re-engage strategic partners.
With key agencies such as the World Bank and the International Monetary Fund having extended their willingness to restore normal ties with Zimbabwe, it is however issues to do with economic confidence that are under scrutiny.
Therefore as a show of commitment to re-engage Zimbabwe, the IMF will be sending a delegation to the country for a two week visit in September this year.
Official information gathered by the Zbc news from treasury, shows that the IMF team will; during its visit hold meetings with top government officials, Ministry of Finance and Economic Development team, Reserve Bank of Zimbabwe officials and industry representatives among others.
It has also emerged that the meetings will look at the progress of the Staff Monitored Programme (SMP) in Zimbabwe which is aimed at restoring business confidence within the global community.
Presenting the 2019 mid-year budget review and supplementary budget last week, the Minister of Finance and Economic Development , Professor Mthuli Ncube said the government has signed a Staff Monitored Programme with the IMF to help Zimbabwe implement key economic reforms as outlined in the Transitional Stabilisation Programme (TSP).