Wednesday 17 October 2018
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6 days ago

IMF, World Bank okay Zimbabwe plan to clear arrears as dollar woes

HARARE: The World Bank and IMF have endorsed Zimbabwe’s plan to clear US$2.2 billion in arrears to international creditors, the finance minister said, but US sanctions may still prevent fresh loans to support the rebuilding of a shattered economy. President Emmerson Mnangagwa has promised to revive the economy, pay foreign debts that the country has defaulted [ ]

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