We need a concrete debt, de-dollarisation plan

The issue of debt cannot be postponed or dressed in hopeful rhetoric. At nearly three-quarters of national output, the burden is not only immense but corrosive to Zimbabwe’s prospects of re-engagement with international lenders.

ZIMBABWE’s economic recovery is being weighed down by two unresolved burdens, an unsustainable debt profile and a currency regime that continues to inspire more scepticism than confidence.While there have been commendable efforts at containing inflation and introducing a structured currency, these measures are far from sufficient in the absence of a comprehensive and credible strategy…

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