When President Mugabe’s party, ZANU-PF, regained control in 2013, economic instability ensued and government spending surged along with public debt. With the central bank’s inability to finance the government (read: print Zim dollars), Zimbabwe resorted to monetary trickery and mischief.
Published in TZ Latest News 31 July, 2017 by The TZ Newswire Staff
Zimbabwe, From Disaster To Disaster
Published in TZ Latest News 31 July, 2017 by The TZ Newswire Staff
Zimbabwe, From Disaster To Disaster
When President Mugabe’s party, ZANU-PF, regained control in 2013, economic instability ensued and government spending surged along with public debt. With the central bank’s inability to finance the government (read: print Zim dollars), Zimbabwe resorted to monetary trickery and mischief.