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Zimbabwe to pay off blocked funds over 10 years

HARARE - Zimbabwe will settle over 10 years its US$3 billion blocked funds debt owed to foreign firms that provided services or products to Zimbabwean entities but were not paid, according to Finance and Economic Development Minister, Professor Mthuli Ncube. About 600 companies are reportedly owed significant amounts, the highest exposure being US$484 million relating… ....

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