By AFPMore by this AuthorHarareZimbabwe faces a grim economic outlook this year and is also at risk of an extreme humanitarian crisis, the International Monetary Fund warned Thursday. "Executive directors noted with concern that Zimbabwe is facing an economic and humanitarian crisis exacerbated by policy missteps and climate related shocks," an IMF statement said. Advertisement"With another poor harvest expected, growth in 2020 is expected at nearly zero with food shortages continuing," the global lender added. "Absent a scaling up of donor support, the risks of a deep humanitarian crisis are high." The IMF urged Zimbabwe, which has been isolated for nearly two decades by trading partners in the west, to re-engage with the international community to shore up the moribund economy and tackle the humanitarian crisis.
Source: Daily Nation February 27, 2020 12:11 UTC