$19.7bn debt weighs on Zimbabwe’s economic prospects

PUBLISHED: Mon, 07 Oct 2019 11:30:44 GMT


Zimbabwe’s growth forecast has been overshadowed by high levels of debt as its sovereign debt is estimated at $19.7 billion, placing Zimbabwe’s debt-to GDP ratio at 114.6 per cent. Joining CNBC Africa for more is Batanai Matsika, Head of Research at Morgan & Co.

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