Zimbabwe Seeks to Restore Donor Relations to Obtain Loans
- Vice president met with EU representatives last week
- Country hopes to be eligible for fresh funding by mid-year
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Zimbabwe plans to catch up on overdue debt payments by June so that it can obtain financial support from the European Union after the vice president met with EU officials.
“We are engaging with the EU, and last week Vice President Emmerson Mnangagwa met their country representative here, as part of that re-engagement process,” Finance Minister Patrick Chinamasa said in an interview Tuesday, declining to provide more details. “We believe that by June this year, we will have fulfilled our obligations and hopefully be eligible for fresh funding.”