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Zimbabwe’s Failure to Compensate White Farmers To Result in Zim Debt

Zimbabwe’s Failure to Compensate White Farmers To Result in Zim Debt
Apr 12, 2022 · 46s

The International Monetary Fund has warned that Zimbabwe's failure to compensate white former farmers as per the agreement will result in the country's public debt bulging. The institution warned the...

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The International Monetary Fund has warned that Zimbabwe's failure to compensate white former farmers as per the agreement will result in the country's public debt bulging.
The institution warned the Reserve Bank of Zimbabwe's failure to fully compensate for losses incurred when the country embarked on currency reforms will exacerbate the situation.
The IMF says the external debt burden is excessive and the country is incurring external arrears.
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Author Africa Business Radio
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