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*Zim Could Sink Deeper Into Debt After Botswana Bailout Packages* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?kz The government of Botswana has extended a US$ 500 million dollar package to Zimbabwe that is backed by Chiadzwa diamonds. A further one billion pula bailout package has been earmarked for the private sector. ---------- Latest itel A06 on Pindula: 32GB storage, 4GB RAM $69 USD WhatsApp: +263715068543 Calls: 0772464000 ---------- The deals were revealed by Foreign Affairs and International Trade ministry secretary Joe Manzou during the inaugural session of the Zimbabwe-Botswana Bi-National Commission in Harare on Monday. Said Manzou: > Zimbabwe is also appreciative of the US$500 million diamond-backed facilities offered by Botswana. I also urge this meeting of officials to work in earnest to ensure that all outstanding issues relating to this facility are finalised. > … I wish to extend my gratitude to the support extended to Zimbabwe, by Botswana, as our country embarks on a development trajectory under the new dispensation … Zimbabwe welcomes with much appreciation that Botswana proposed a P1 billion credit line facility in support of the Zimbabwe private sector. *More: Newsday* _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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