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*Zimbabwe secures US$1,1 billion from Trafigura to clear World Bank and AfDB debts, raises hopes of new funding* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?oq Finance Minister Patrick Chinamasa confirmed that Zimbabwe had secured US$1,1 billion from Singaporean commodities firm Trafigura Group to clear World Bank and African Development Bank (AfDB) debts. Said Chinamasa: ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- > The Government of Zimbabwe is pleased to announce that it has met all the conditions precedent to the repayment of debt arrears to the World bank and the AfDB. This positive development comes after the country successfully settled its debt arrears to the IMF on October 20, 2016. The money that was secured from Trafigura is part of the Lima Plan which was designed in 2015 to clear Zimbabwe’s arrears and secure US$2 billion in funding. More: Zimbabwe Independent _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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