Domestic resource mobilisation key for Zimbabwe – AfDB
Domestic resource mobilisation key for Zimbabwe – AfDB Senior Business Reporter Boosting domestic resource mobilisation is critical for Zimbabwe’s economy going forward as external financing for the country is likely to remain clogged, the African Development Bank (AfDB) has said. Official data shows that the country’s total public debt stands at US$11,1 billion, approximately 53,9 percent of gross domestic product (GDP). And of that total, 95,6 percent is external, which includes $6,4 billion in arrears to international financial institutions, bilateral, and private creditors. ...
Source: zimbabwesituation.com