n Without Prejudice - Zimbabwe's decision to securitize future cash flows from diamond sales : Africa international
|Article Title||Zimbabwe's decision to securitize future cash flows from diamond sales : Africa international|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Publication Date||Aug 2014|
|Pages||46 - 48|
Zimbabwe's fragile economy is characterised by a growth slowdown, a large external deficit and low international reserves. Zimbabwe's combined domestic and external debt stands at $9,909bn. The country's external debt, most of which has fallen into arrears, has prevented the country from accessing international capital markets.
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