To discuss ambitious plans to pay off debt arrears and restructure $12.7 billion in foreign debt, Zimbabwe’s president will hold a session of creditors and financial executives on Monday. The ultimate goal is to access global finance markets for the first time in almost twenty years.

It will be difficult for Zimbabwe, which has had various financial crises in recent decades, from recurrent episodes of hyperinflation to successive failed efforts to introduce new currency regimes, to pay down its debt load, representing 81% of its gross domestic product.

“The issue of arrears is a major albatross around our neck,” said Prosper Chitambara, a Harare-based independent economist.

It will be a long journey; at the moment, Zimbabwe cannot access even funds from the International Monetary Fund, which is the world’s lender of last resort. However, experts advise it’s crucial to pay off arrears.

“Once the arrears are cleared it will be cheaper to borrow and easier to attract investment,” Chitambara said.

Along with officials from the business sector, development organisations, and creditors, Zimbabwe’s president Emmerson Mnangagwa and Akinwumi Adesina, head of the African Development Bank (AfDB), will attend the one-day conference in Harare.

Funding for Zimbabwe, formerly a regional breadbasket that now struggles to feed its people, can only be unlocked by getting on track with bilateral creditors and settling arrears with the AfDB, World Bank, and European Investment Bank.

“The IMF is currently precluded from providing financial support to Zimbabwe” due to an unsustainable debt situation and external arrears, an IMF spokesperson said.

Zimbabwe’s initial goal is to become an IMF Staff-Monitored Program (SMP), which does not require executive board approval or financial assistance.

An SMP would help Zimbabwe re-establish sound economic policy, according to government officials. But the government has already missed two deadlines: last month and April when it was supposed to have an SMP in place.

According to Indian stock market regulations, Adani Energy Solutions stated on Saturday that the termination of a $736 million transmission line project in Kenya was within its regular business operations and did not necessitate any regulatory notice.

Following Reuters’ story that Kenya’s president had ordered the termination of the 30-year public-private partnership pact, it said it was responding to a request for clarification from the National Stock Exchange and the Bombay Stock Exchange.

“Further, the Company hereby submits that there is no material impact of the Media Report on the operations of the Company,” Adani Energy Solutions said in a statement.

On Thursday, President William Ruto also announced that he had ordered the termination of a procurement procedure that was supposed to give India’s Adani Group control of Kenya’s main airport.

Gautam Adani, the founder of the Adani Group, and seven other people were charged by U.S. authorities on Wednesday with bribing Indian officials with $265 million. The organisation refuted the accusations.

As part of the about $2 billion Kenyan international airport project, the Adani Group intended to construct a second runway and reconstruct the passenger terminal in return for a 30-year lease.

In a statement issued on Saturday, Adani Energy Solutions said that it was not a party to the deal to manage and update Kenya’s Jomo Kenyatta Airport.

“The Company nor any of its subsidiaries have entered into any contract in connection with any airport in Kenya,” it said.