Zimbabwe's government received $210 million in foreign loans for various infrastructure projects during the first half of the year, the central bank said on Wednesday.
Zimbabwe’s government received $210 million in foreign loans for various infrastructure projects during the first half of the year, the central bank said on Wednesday.
Reuters
Reserve Bank of Zimbabwe Governor John Mangudya said in a monetary policy statement the Bank had negotiated with financial institutions, including regional African lenders as well as the Development Bank of Belarus.
The World Bank, International Monetary Fund and traditional Western donors have withheld support to Zimbabwe since 1999 and the southern African country is saddled with around $9 billion in foreign debt.
