Zimbabwe's economic difficulties deepen - CNBC Africa

Zimbabwe's economic difficulties deepen

Southern Africa

by Reuters 0

Zimbabwe's President Robert Mugabe. Photo: Wikipedia

HARARE (Reuters) - Zimbabwe's economic difficulties have deepened after drought weakened agricultural production and disrupted hydro power generation and the southern African nation needs bold reforms, the International Monetary Fund said on Wednesday.

"Unless the country takes bold reforms, the economic difficulties will continue in (the) medium-term," the fund said in a statement after a consultation with Zimbabwean officials.

 (Reporting by MacDonald Dzirutwe; Writing by TJ Strydom; Editing by James Macharia)

 

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