LOW confidence in Zimbabwe’s governance reforms is a risk to the country’s arrears clearance and debt resolution process, experts have warned.International organisations and creditors acknowledged progress in Zimbabwe’s arrears clearance and debt resolution efforts after two years of dialogue during the International Monetary Fund (IMF) and World Bank Spring Meetings.However, they also highlighted several remaining…
Governance concerns dent debt talks
Zimbabwe is actively seeking to eradicate its debt stock through an arrears clearance and debt resolution process, which involves the implementation of economic and governance reforms as well as engagement with creditors in a structured dialogue.