[The Herald] Zimbabwe is close to putting the final touches to a debt-arrears package that could see it receive an emergency injection of funds from the International Monetary Fund and other multilateral institutions. Dr John Mangudya, the central bank governor who is in Europe to negotiate the financial package, told the Financial Times that the African Export-Import Bank (Afreximbank), advised by Lazards, was arranging a seven-year loan of $986 million to pay back arrears to the World Bank.Harare is re-engaging with ......
↧