Uneca advises Zimbabwe to address debt to mitigate economic crises, improve investment prospects.
The United Nations Economic Commission for Africa (Uneca) has advised Zimbabwe to work on its debt to address its economic crises, including a huge debt overhang, currency volatility, and lower export returns due to shrinking international commodity prices. Dealing with Zimbabwe's debt could help unlock fresh investment for the country, as international lenders currently support it. Zimbabwe has a total capital requirement of around $40 billion.
March 03, 2024
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