Give us money, Chinamasa pleads with World Bank

Patrick Chinamasa Finance and Economic Development minister has pleaded for a cash bailout from the World Bank to enable Harare to clear its debts and catch up with the rest of the world.

Zimbabwe has an external debt of over $8,4 billion which has hamstrung the country from accessing lines of credit from multilateral and bilateral financial institutions.

Speaking at the opening ceremony of new World Bank offices in Harare on Wednesday, Chinamasa said the relocation of the World Bank offices should signify symbolic upscaling of the relationship between the bank and the country.