BRICS Bank Offers Zimbabwe Escape From IMF Debt Traps, Says Professor

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BRICS Bank Offers Zimbabwe Escape From IMF Debt Traps, Says Professor

A Zimbabwean professor has highlighted the BRICS New Development Bank (NDB) as a crucial alternative to the International Monetary Fund (IMF), offering better financial terms to developing nations. He emphasized the NDB's role in helping countries like Zimbabwe escape debt cycles and discussed the introduction of Zimbabwe Gold (ZiG), a currency backed by mineral wealth, […]

Source: BRICS Bank Offers Zimbabwe Escape From IMF Debt Traps, Says Professor