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Zim’s public debt rises to $11,6bn

HARARE – Zimbabwe’s economy remains fragile with a “precarious” level of public debt during the year to March rising to over $11 billion, the Parliament Budget Office said in its latest report. Zimbabwe’s domestic debt rose 40 percent to $4,3 billion, with external debt standing at $7,5 billion or 53 percent of GDP. Of the…

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