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  • The Link between Debt and Corruption

The Link between Debt and Corruption

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  • Development

Debt Watch: Debt and Corruption

Byron Adonis Mutingwende4 years ago06 mins

By ZIMCODD Corruption contributes immensely to ballooning public and publicly guaranteed (external and domestic) debt which according to the 2020 public Debt Bulletin is currently estimated at US$10.7 billion as of the end of December 2020, representing 72.6 percent of GDP. There is a correlation between corruption and public debt. The World Bank defines corruption…

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