Zimbabwe Has a Plan to End 20-Year Standoff With Creditors

Bloomberg Quint | Aug 16, 2019 at 8:30 AM
  • Zimbabwean Finance Minister Mthuli Ncube laid out a plan to end the nation’s two-decade stand-off with international creditors and dismissed rapidly accelerating inflation as “wage compression”.
  • The IMF’s SMP is being used to support economic and governance reforms in the country.
  • Within 12 to 18 months, the nation plans to sell domestic bonds with a duration of as long as 30 years to fund infrastructure.