Zimbabwe: Support RBZ Debt Assumption Bill

On Tuesday, the National Assembly passed the Reserve Bank of Zimbabwe Debt Assumption Bill meant to capacitate the central bank to resume most of its core functions.

The Bill is now set to be presented to the Senate and, if it sails through, will be forwarded to the President for his assent to become law. The assumption of the $1,3 billion debt points to the Government's willingness to create confidence in the financial sector.

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