Zimbabwe: Biti says he blocked possible IMF aid abuse
18.09.2009
Zimbabwe's Finance Minister Tendai Biti said on Wednesday he had blocked possible "unprocedural use" of IMF aid allocated to the country under a global assistance agreement for member states hit by a global crisis. Biti dismissed as "rubbish" reports in state media that he had written to the International Monetary Fund effectively rejecting over $500 million in IMF special drawing rights extended to Zimbabwe because Harare has external debts of about $5.7 billion.