IMF, World Bank keen to bail out Zim - Gaolathe

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Multilateral financial institutions, the World Bank and International Monetary Fund (IMF) are said to be willing to help revive the Zimbabwean economy but certain conditions such as how the US$150 million outstanding arrears already owed to them are going to be restructured and paid back.

"One of the major constraints is that Zimbabwe is in arrears with institutions," the Minister of Finance and Development Planning, Baledzi Gaolathe, said in an interview on Monday.

"So there are questions of how this risk will be dealt with."

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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