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newzimbabwe - 3 days ago

IMF lauds Zimbabwe’s economic progress, but says arrears block lending

Reuters The International Monetary Fund said on Thursday it remains unable to lend to Zimbabwe due to the country s outstanding arrears, but praised recent economic reforms as discussions progress on a potential staff-monitored program. Zimbabwe s ability to borrow financially from us is constrained by the fact that they have arrears through the African Development Bank, The post IMF lauds Zimbabwe s economic progress, but says arrears block lending appeared first on NewZimbabwe.com.


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