‘2016: More of the same’

THIS year is not going to be different from the previous two years as the economic fundamentals have not changed, observers have noted.

The country has a debt overhang of $8,3 billion and seeks to pay multilateral creditors arrears of $1,8 billion by June this year.

The arrears clearance strategy is one of the major highlights for 2016 economically, as it will unlock funding and help the country start to access credit from international financial institutions.

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