Debt resolution: Zimbabwe looks to SA

The bridge finance is needed to repay debt owed to international financial institutions and regain access to capital markets.

ZIMBABWE has formally requested South Africa’s assistance in mobilising international support to navigate a potential debt restructuring under the G20 Common Framework.Finance minister Mthuli Ncube said the government has started preliminary engagements with key creditors, signalling a determined push for a comprehensive debt treatment plan.“…we have…assessed possible support for G20 Common Framework debt treatment. An…

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