09-03-2016 16:46 via news.yahoo.com

Mugabe makes U-turn on reform as Zimbabwe tries to woo IMF

By MacDonald Dzirutwe HARARE (Reuters) - Zimbabwe's President Robert Mugabe agreed to major reforms including compensation for evicted white farmers and a big reduction in public sector wages as the government tries to woo back international lenders, the finance minister said. The economy was under siege from the worst drought since 1992, Patrick Chinamasa said on Wednesday, noting that the reforms had the full backing of Mugabe, who has previously attacked the IMF for imposing stringent credit
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