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Debt denial bankrupting Zimbabwe’s future

ZIMBABWE’S US$23 billion debt burden is no longer just an economici statistic, but the clearest indictment of decades of fiscal indiscipline, political expediency and a government that has consistently chosen patronage over prudence.When even the governor of the Reserve Bank of Zimbabwe acknowledges that the country’s debt overhang is suffocating investment, shutting Zimbabwe out of international capital markets and damaging investor confidence, the severity of the crisis can no longer be sugar-coated. [...]