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Zimbabwe to Present Plan to Pay International Debts

Zimbabwe's finance minister indicated he has given up on convincing the International Monetary Fund and other creditors to cancel the country’s $10 billion debt. Now, he says, the country may use its natural resources in an effort to pay back the money. Patrick Chinamasa, Zimbabwe’s finance minister, held a news conference Thursday as IMF staffers finished talks with Zimbabwean officials in Harare. He said the government held “frank and candid” talks with the...

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