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ADB grants new loan

    JOHANNESBURG

    The ADB has signed a US $130 million loan with the Zimbabwe government to support economic development, news organisations reported on Thursday.

    The loan was announced after World bank and the International Monetary Fund (IMF) programmes were cast into doubt over Harare’s failure to meet economic targets.

    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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