Zimbabwe’s over reliance on resource-backed loans ‘a curse’
Defaulting Zim in bid to pacify Paris Club . . .US$420.4m black hole exposed
Zimbabwe, which is classified to be in debt distress by the International Monetary Fund (IMF), now has to settle a further US$420,4 million to pacify the Paris Club before moving to tackle more unsettled commitments estimated at over US$17 billion across lenders.
Defaulting Zim in bid to pacify Paris Club . . .US$420.4m black hole exposed
Zimbabwe, which is classified to be in debt distress by the International Monetary Fund (IMF), now has to settle a further US$420,4 million to pacify the Paris Club before moving to tackle more unsettled commitments estimated at over US$17 billion across lenders.
Ukraine War: US ‘deeply concerned’ at report of Mariupol chemical attack
However, no evidence has been presented to confirm the use of chemical weapons.