Header and navigation menu

Page content

Fierce pushback as Zimbabwe debt riots into dangerous territory

Fierce critic of Zimbabwe's debt management has raised fresh concerns over the credibility and inclusivity of the country's reform agenda, as the African Development Bank (AfDB) moves to inject US$4 million to support ongoing arrears clearance efforts. The Zimbabwe Coalition on Debt and Development (Zimcodd) warned that Zimbabwe's rising debt burden was pushing the country deeper into fiscal distress, despite government assurances that economic reforms are gaining traction. [...]