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IMF misled

    JOHANNESBURG

    The International Monetary Fund (IMF) has been misled by the Zimbabwe government over millions of dollars used to bankroll the country’s military intervention in the war in the Democratic Republic of Congo (DRC), news organisations reported on Monday.

    Dispatches carried by the ‘BBC’ and ‘The Financial Times’ cited IMF evidence of a discrepancy between figures used internally by Zimbabwe’s finance ministry and statistics handed to the IMF by the Zimbabwe government. The reports said evidence of deliberate underestimating by Zimbabwe would threaten its IMF funding and put pressure on the Zimbabwe currency.

    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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