Zimbabwe fails to restructure debt as arrears balloon
Zimbabwe is battling to restructure a US$1,5 billion worth of Debt Outstanding and Disbursed (DOD) maturing from 2021 onwards, Business Weekly can report. The debt, if not serviced, will add to the US$6,6 billion debt that is already in arrears. Arrears accumulation will continue to hinder the post-pandemic economic recovery and transformation, experts say. According…
Source: thezimbabwemail.com