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Byo rejects RBZ Debt Assumption Bill

BULAWAYO – Bulawayo residents have turned down the Reserve Bank of Zimbabwe (RBZ) Debt Assumption Bill, arguing that they are not prepared to subsidise government’s “extravagance and foolish decisions”. This comes amid growing consensus that the $1,1 billion debt — incurred through quasi fiscal activities in Zimbabwe’s pre-dollarisation era — must be audited first, as…

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