IMF to Decide on Zimbabwe Voting Restoration

The International Monetary Fund is set to decide whether to restore Zimbabwe’s voting rights in the fund as the government continued to court international support for its appeal.

Zimbabwe Finance Minister Tendai Biti told Reuters that IMF is expected to issue its decision later this month, adding that “there is a general understanding and support” for restoration calls.

“We were pushing for the restoration of Zimbabwe’s voting rights in the IMF,” Biti said. “The U.S. will support us, and we made similar requests to Germany and the U.K., who will also support us in this regard.”

IMF stripped Zimbabwe of its voting powers due to policy differences with the country’s administration.

About the author

  • Tarra Quismundo

    Tarra Quismundo joined Devex Manila as a staff writer in October 2009 after more than six years of working as a reporter for the Philippine Daily Inquirer, a nationwide daily, for which she covered major breaking news in politics, military, police and international affairs. Tarra's Devex News coverage focuses on key Asian donors and top aid officials around the globe.