
Zimbabwe’s debt overhang: Is it a lack of legislation or lack of political will?
By ZIMCODD Zimbabwe’s macroeconomic challenges are primarily rooted in the huge debt burden. The country has been in debt distress since 2000 when it first defaulted on its external debt obligations. Zimbabwe is one of the African countries in debt distress together with other countries including Mozambique, Sudan, and Somalia. Zimbabwe’s public debt is at…