Overview

• The Department of State Policy Provisions Act, sponsored by Rep. Brian Mast, would repeal the 2001 Zimbabwe Democracy and Economic Recovery Act.
• U.S. backing for any new IMF or World Bank funding would require Zimbabwe to commit to remit roughly $3.5 billion in Global Compensation Deed arrears within a year, inflation‑adjusted, with no use of Zimbabwe‑issued securities.
• Failure to meet the compensation commitment would trigger an immediate halt to U.S. support for further multilateral funding, according to the bill text.
• The proposal has been referred to the House Foreign Affairs Committee for debate and would need to pass both chambers before any policy change takes effect.
• ZDERA has long enabled U.S. opposition to loans for Harare; the U.S. ended its Zimbabwe Sanctions Program last year while keeping targeted Global Magnitsky listings, and Zimbabwe has reported initial farmer compensation payments.