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Home » ‘Lenders re-engagement will take time’

‘Lenders re-engagement will take time’

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FITCH group research arm, BMI, says Zimbabwe’s re-engagement with concessional lenders is likely to take time, a development which it says will force government to remain reliant on domestic banks to finance its budget shortfalls. Zimbabwe, under former president Robert Mugabe, fell out with international lenders over debt arrears and with western governments which accused…

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