Zimbabwe: Govt Clears IMF Debt Arrears

21 October 2016

Zimbabwe has cleared its debt arrears with the International Monetary Fund as part of efforts to settle its overdue financial obligations to the multilateral institution to qualify for fresh lines of credit.

The IMF said Zimbabwe, which had been in arrears since 2001, yesterday settled its obligations, amounting to $107,9 million to the IMF's Poverty Reduction and Growth Trust.

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