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newzimbabwe - 29 days ago

Mthuli looks to clear US$2bln debt arrears in 12 months

By UK Bureau FINANCE minister Mthuli Ncube has said Zimbabwe is looking to clear its $2 billion arrears with the World Bank and African Development Bank in the next 12 months. The country has over defaulted on its obligations to global lenders, resulting in arrears nearing US$6 billion. Lenders have reacted on shutting Zimbabwe out The post Mthuli looks to clear US$2bln debt arrears in 12 months appeared first on NewZimbabwe.com.

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