Zimbabwe needs aid urgently to ease humanitarian crisis ― IMF


IMF, Zimbabwe,
The International Monetary Fund, IMF has warned that Zimbabwe needs urgent aid as the coronavirus exacerbates the impact a food shortage following the worst drought in nearly four decades.

The southern African nation needs hundreds of millions of dollars in foreign aid in the coming months to fend off a humanitarian crisis that’s likely to leave more than half of the population hungry, the Washington-based institution said.

“The outbreak has greatly amplified uncertainty and downside risks around the outlook,” the IMF said in an Article IV report, released on Friday. To-date, Zimbabwe has nine confirmed infections and, like much of the region, the government has imposed a lockdown to halt the spread of the virus.

An economic crisis marked by a dire shortage of foreign…



Read All From The Original Article On Vanguard

%d bloggers like this: