PVO law muddies Zim’s debt resolution plan

THE recently enacted Private Voluntary Organisations (PVO) Amendment Act has been flagged as a setback to Zimbabwe’s arrears clearance and debt resolution process amid calls for the country to accelerate governance reforms.

A meeting held on the sidelines of the African Development Bank (AfDB) annual meetings on Monday heard that the legislation has muddied the process.

European Union ambassador to Zimbabwe Jobst von Kirchmann told delegates attending the Zimbabwe arrears clearance and debt resolution meeting that stakeholders had hoped that President Emmerson Mnangagwa would not sign the Bill into law.

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