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*Zimbabwe expects to get $2 billion in credit after it clears AfDB and World Bank loans* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?dx Zimbabwe is expecting to secure $2 billion in credit from the African Development Bank (AfDB), World Bank and the International Monetary Fund (IMF) once it clears its arrears. Zimbabwe has $1,7 billion debt clearance plan tabled which has already been approved. Reserve Bank of Zimbabwe (RBZ) Deputy Governor Dr Khupukile Mlambo said: ---------- Pindula is best experienced with the Android App. *Download APK here:* https://zero.pindula.co.zw/media/apps/apks/pindula23.apk _On Econet, Pindula does NOT use your data_ ---------- > We have been very serious about reengaging the international community and people say ‘oh but Chinamasa (Finance and Economic Development Minister) is coming without money from IMF’. . . But the challenge is that there is something called the preferred creditors (IMF, World Bank and AfDB) . . . and you do not get a loan from any of them if you owe one of them. > We now need to clear both the AfDB and World Bank. We have cleared the IMF loan but the AfDB and World Bank loans are still outstanding. More: Chronicle itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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