24 January 2018
   
Zim family finally leave Bangkok airport
Government orders fuel price cut
5 weeks for ministers to declare assets
Mnangagwa Mugabe Part II, critics say
12th G40 member booted out of Zanu PF
Mohadi says VP post zenith of his career
EU throws weight behind ED government
Zanu PF official says Moyo used Juju
MORE NEWS
Millers rescue NRZ, procure 200 wagons
Diamond: $20m for land reclamation
MORE BUSINESS
Mukanya to perform in Harare on April 28
SA: Jazz legend Hugh Masekela dies
MORE SHOWBIZ
Bangladesh wallop sorry Zimbabwe
PSL says 2018 season starts March 10
MORE SPORTS
Mnangagwa’s ‘New’ Zim merits support
Zhuwao: kleptocracy and EDiots in Davos
MORE OPINION
 
Sadc peace hinges on leaders' gains & loses
Mnangagwa off to Davos empty handed
MORE COLUMNISTS
 
 

Britain says cash injection to be linked to democratic progress

01/12/2017 00:00:00
by Source.co.zw
 
Democratic progress ... British FM, Boris Johnson
 
RELATED STORIES

Britain could extend financial support to Zimbabwe to help stabilize its economy and clear its debts with international lenders but such support will be linked to ‘democratic progress, foreign secretary Boris Johnson has said. 

Zimbabwe owes the World Bank and the African Development Bank a combined $1,8 billion in arrears emanating from loans contracted in the 1990s, ruling out any aid from the agencies.

“Those are indeed the things that we would try to do to help Zimbabwe forward, but we’ve got to see how the democratic process unfolds,” Johnson said on Wednesday on the sidelines of an African Union-EU summit in Abidjan, Ivory Coast.

A new administration led by Emmerson Mnangagwa has taken charge in Harare after Robert Mugabe resigned last week and is seen as amenable to mending relations with the West. Mnangagwa has promised to undertake a host of reforms needed to revive the country’s ailing economy.

“I am encouraged by President Emmerson Mnangagwa’s words so far.For as long as the President acts on his words, then Britain is willing to work alongside him and offer all the support we can,” said Johnson.

Zimbabwe is due to hold elections in 2018.



Advertisement


 
Email this to a friend Printable Version Discuss This Story
Share this article:

Digg it

Del.icio.us

Reddit

Newsvine

Nowpublic

Stumbleupon

Face Book

Myspace

Fark

 
 
 
comments powered by Disqus
 
RSS NewsTicker