The connection between this:
“The IMF wound down its programme there 10 years ago and formally withdrew in 2002, adopting a “declaration of noncooperation” with Mugabe’s government.”
and this:
“Zimbabwe has suffered a decade of economic meltdown and record hyperinflation”
has been studiously ignored almost everywhere for the best part of…..,well, a decade.
An honourable exception has been Stephen Gowan’s blog.
IMF provides $510m loan for Zimbabwe amid worries that Mugabe party will grab funds
4th September, 2009
Zimbabwe‘s crippled economy received a boost when the IMF sanctioned a $510m (£311m) loan, its first to the country in a decade.
In These New Times 