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*Zim is unable to pay $1.8 billion in arrears to the World Bank and African Development Bank (AfDB) - Chinamasa* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?yx Minister of Finance Patrick Chinamasa has revealed that the country will not be able pay $1.8 billion in arrears to the World Bank and African Development Bank (AfDB) until economic fundamentals improve. Chinamasa revealed this in a radio interview with media personality Ruvheneko Parirenyatwa on CapitalkFM. 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* *LATEST: itel S24 (128) $124; S24 (256GB) $159* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- > When we think that the economic fundamentals of our economy are right, we then are in a position to repay the World Bank and the AfDB. > We need to put ourselves in a position that is sustainable in terms of honouring our obligations. So, to that extent the ball is in our court. Zimbabwe’s total foreign debt is more than $7 billion. More: CNBCAfrica _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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