Zimbabwe makes strides in debt clearance with US$170m payout

ZIMBABWE’S ongoing arrears clearance and debt resolution drive has gained fresh momentum, with the Finance, Economic Development and Investment Promotion confirming the payment of over US$170 million to external creditors in the first half of 2025.

Latest statistics from Treasury indicate that the payments covered legacy debts, commitments to development partners and obligations to major multilateral financial institutions.

Authorities said the payment forms part of the second republic’s broader strategy to restore relations with global lenders and unlock new avenues for development finance.

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