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Clearing World Bank arrears irresponsible: Biti

HARARE – Finance minister Patrick Chinamasa’s planned move to pay $1,1 billion towards settling Zimbabwe’s World Bank dues is “criminally irresponsible and treasonous”, former Finance minister Tendai Biti has said. He said the intended payment will be made on the back of a moribund economy characterised by massive deindustrialisation, absent aggregate demand, chokingly high government…

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