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Govt to Clear Parastatal Debts

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[The Herald] Government will release Treasury Bills (TBs) worth about $600 million to clear debts owed to Zesa Holdings by local authorities and State enterprises . Zesa Holdings through its subsidiary, Zimbabwe Electricity Transmission and Distribution Company has been battling to recover over $1 billion in unpaid power bills.The release of more TBs comes amid concern that Government continues to add to its stock of debt which could have far-reaching implications to the economy. To date, over $4 billion TBs have been ......

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