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IMF Sees 'Nascent" Recovery in Zimbabwe, But Remains Firm on Arrears
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Africa Leader
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July 03, 2009
The International Monetary Fund says economic policy reforms in Zimbabwe have produced a "nascent" economic recovery, but continues to insist the country pay down its debt arrears of more than US$1 billion to multilateral creditors before it will extend new loans. "As a result of improvements in mac...
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