ZIMBABWE: GOVERNMENT IN DENIAL ON ECONOMIC COLLAPSE

   Thu, 16 May 2019

Zimbabwe’s finance minister seems to be in complete denial on the economic crisis facing the country, including the threat of hyperinflation, a collapsing power supply, and ongoing cash shortages. The government is offering yet another economic rebasing as a solution, which will do little to allay investor concerns or to unblock a proposed debt deal with creditors. The prospect of fresh protests and another military intervention is fast approaching.

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