Borrowing costs compound Zimbabwe’s debt situation

GLOBAL borrowing costs – of between eight to 12 percent – have impacted Zimbabwe’s economy to a point of compounding its debt situation, officials say.Advertisements This comes as recent statistics released by the Finance ministry have shown that total public and publicly guaranteed debt has jumped to US$21 billion in 2023 – as compared to…

Subscribe to read full article. Subscribe today

Related posts

Power cuts set to be amplified. . . as key generators at Hwange are taken off the grid

US dollar is here to stay, government informed

Tax incentives draining Zimbabwe’s coffers: WB

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More