Zimbabwe issues US dollar bonds for farmers

Finance Minister, Mthuli Ncube

ZIMBABWE’S Finance ministry has started issuing American dollar-denominated bonds to ex-commercial farmers, as part of its Global Compensation Deed (GCD), broader debt reduction and arrears programme.This comes as the country has been creaking under a US$21 billion debt and the Harare administration has been engaged in talks with various creditors, which has resulted in short-term…

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