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  • Zimbabwe's Mnangagwa meets IMF chief in Davos

    Source: Xinhua| 2018-01-26 02:58:40|Editor: Mu Xuequan
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    HARARE, Jan. 25 (Xinhua) -- Zimbabwean President Emmerson Mnangagwa on Thursday met IMF Managing Director Christine Lagarde on the sidelines of the ongoing World Economic Forum in Davos, Switzerland.

    The IMF said in a statement that Lagarde welcomed Mnangagwa's commitment to stabilize the Zimbabwean economy and work towards normalizing the country's engagement with the international community.

    "She reiterated the IMF's commitment to continue to support Zimbabwe as it addresses its economic challenges," the IMF said.

    Mnangagwa is attending the Davos summit, a first by a Zimbabwean president, to market Zimbabwe and lure potential investors to help revive the economy after years of international isolation and stagnation.

    The IMF has not been lending to Zimbabwe since 2000 when the country started defaulting on loan repayments.

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