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Zimbabwe seeks ways to  clear debt arrears and restructure 12-point-7 billion US dollars in external debt

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Zimbabwe is hosting a conference of creditors and finance executives to discuss the country's goals to clear debt arrears and restructure 12-point-7 billion US dollars in external debt. The Southern African country's debt accounts for 81 per cent of the gross domestic product, and clearing it will be a tough challenge for a country that has faced numerous financial crises in recent decades, from repeated hyperinflation to multiple unsuccessful attempts to launch a new currency. Thami Ngubeni spoke to Economic Analyst from the Zimbabwe Coalition on Debt & Development, Zvikomborero Sibanda..

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