By Own Correspondent| Finance minister Professor Mthuli Ncube has revealed that Zimbabwe is on course in clearing its debt to international financial institutions (IFIs).
Ncube said government is already in talks with creditors over bridging finance to settle the arrears.
Prof Ncube said this in an interview on the sidelines of his presentation to students of Defence Course Intake 7 of 2018, at the Zimbabwe National Defence University in Mazowe.
Said Ncube:
“We just need to work harder to make sure that we access the bridging resources for that.
In terms of the bridging resources themselves, of course we are having conversations with the creditors themselves because that is where we can get the cheapest funding.
The cheapest funding you can ever get is from themselves (the World Bank, IMF and African Development Bank) and there are mechanisms through which this can be done and we are working on that; we are having a conversation on that.”-StateMedia