Friday, 03 July 2009
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News

Stakeholders Call for an Official Audit of Zimbabwe’s External Debt

 Harare:1 July 2009

Stakeholders met yesterday in Harare to discuss Zimbabwe’s external debt, which threatens the welfare of its citizens who have been ravaged by a deep social, economic and political crisis. The Zimbabwe Coalition on Debt and Development(ZIMCODD), a coalition of institutions and individuals focusing on social and economic justice, convened the meeting under the theme “The Economy in Transition Dialogue Conference: Towards a Sustainable Public Debt for Zimbabwe”.

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Zim debt to hit US$7bn: Think-tank  

by Andrew Moyo

1 July 2009 HARARE – Zimbabwe’s external debt could shoot to US$7 billion by 2011 unless the country’s power-sharing government moves urgently to persuade multilateral lenders and others it owes money to forgive or cancel all or part of the debt, a local think-tank said on Tuesday.

The Zimbabwe Coalition on Debt and Development (ZIMCODD) said at US$5 255 billion Zimbabwe’s foreign debt was unsustainably high and would remain a block to key lenders such as the International Monetary Fund (IMF) from providing loans, badly needed to finance reconstruction of the country’s collapsed economy.

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France could write off Zim debt 

25 June 2009
 
FRENCH Prime Minister Francois Fillon said on Thursday France was open to discussions with Zimbabwe about cancelling the country's Paris Club debt.
    Speaking after meeting Zimbabwean Prime Minister Morgan Tsvangirai, Fillon said if Zimbabwe gave guarantees that it would spend the savings on development projects and if democracy took root in Zimbabwe then France would consider a write-off.

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ZIMCODD Statement on the Constitutional Reform Process

28 may 2009
The Zimbabwe Coalition on Debt and Development (ZIMCODD), being a socio-economic justice coalition established to facilitate citizens’ involvement in making public policy pro-people and sustainable hereby articulates its position on current efforts to reform the Zimbabwean constitution. This statement is the result of an internal consultative process which included a survey, and a subsequent feedback meeting held in Harare on 28 May 2009.

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Notice Board

Upcoming  Events  

ZIMCODD Consultative Meeting on Constitutional Reform 28 May 2009

National Conference on Debt Audit  June 2009

SADC Peoples' Summit- 15-16 August 2009

Zimbabwe Social Forum-September 2009

Southern Africa Social Forum-October 2009

Global week of Action Against Debt and IFIs-October 2009

Africa Social Forum- November 2009

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