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Zimbabwe compensates former farm owners with cash and bonds under a 2020 deal, aiming to clear $21B in debt.
Zimbabwe's government is compensating former farm owners under a 2020 deal.
So far, 740 farms have been approved, with the first 378 receiving $3.1 million in cash, representing 1% of their claims.
The rest will be paid through US Treasury bonds with a 2% interest rate and terms of 2 to 10 years.
Zimbabwe aims to clear arrears and restructure its $21 billion debt, partly owed to international creditors, to regain access to external financing.
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Zimbabwe compensa a los antiguos propietarios agrícolas con efectivo y bonos bajo un acuerdo de 2020, con el objetivo de saldar la deuda de $21B.