HARARE, Sept. 26 (Xinhua) -- Zimbabwe has asked Britain to help it revive and implement a debt arrears clearance plan, dubbed the Lima plan, agreed with global lenders including the World Bank, International Monetary Fund (IMF) and the African Development Bank (AfDB) in 2015. Under the pla...
"The country remains committed towards arrears clearance with IFIs and will work closely with AfDB to achieve that goal," he said. "Engagements with the AfDB is a continuous process which we continue to do with the bank. You need support from the people who assist you towards arrears clearan...
However, the country has only managed to clear debt arrears owed to the IMF in fulfillment of the debt clearance plan. The clearance of the arrears to the global lenders would facilitate access to much needed financing from international financial institutions. World Bank vice president for Africa ...
b Zimbabwe took a major step in its dialogue with creditors in late February, organising a second structured dialogue platform meeting on its arrears' clearance and debt resolution process. President Mnangagwa appointed Chissano as facilitator of the re-engagement and high-level dialogue process, with...
‘Zimbabwe committed to debt clearance reforms’ December 18, 2024 0 Zimbabwe has reaffirmed its commitment to implementing all reforms underpinning its arrears clearance and debt […] Science & Technology Cassava Technologies Secures $310m to Position as Global Tech Leader December 19, 2024 0 HA...
Speaking to NewsDay after the second structured dialogue platform meeting on debt arrears clearance in Harare, EU ambassador to Zimbabwe Jobst von Kirchmann said if the country holds credible elections, there would be increased appetite for the bloc to assist it to clear its debt currently standing...
Zimbabwe and the AfDB have been in talks over debt clearance. Government is also considering a bridge finance whereby the AfDB, under the Arrears Clearance Window (Pillar II) of the Fragile States Facility or their Transition Stabilisation Facility, gives Harare a grant of about US$500 million ...
“On this particular one we have been communicating with the ANC on this and engagement to address issues as we have done before with them, so we are ready for this meeting which is sanctioned by our principals.” Mpofu said it was time to be honest with each other on the “crisis in...
A report on the implementation of the Second 100-Day Cycle released towards the last quarter of last year showed that Government engaged the World Bank and the IMF with the target of striking agreements on the clearance of debt and arrears. ...
Debt-distressed Zimbabwe will miss the US$50bn package by the International Monetary Fund (IMF) which will act as a shock absorber for countries to be affected by the effects of the coronavirus. Zimbabwe’s economy is badly in need of a stimulus package