Tag: arrears

World Bank, IMF support Zimbabwe’s plans to clear more than $2 billion in foreign arrears, what you need to know

In an effort to revive the struggling economy, President Mnangagwa has promised to pay foreign debts that the country has defaulted on since 1999 and restore ties with the West.

Zimbabwe says has met all conditions to clear arrears to World Bank & AfDB

MacDonald Dzirutwe | HARARE Zimbabwe has met all conditions to clear arrears to the World Bank and African Development Bank, paving the way for possible future funding from the International Monetary Fund, its...

IMF says Zimbabwe clears $108 mln in arrears

"Zimbabwe is now current on all its financial obligations to the IMF."