Macrosnap of Zimbabwe’s economy?

  • Total mess - squeezed dry like a sponge by years of Mugabe's insane kleptocratic mismanagement - national currency abandoned 2009 after hyperinflation and replaced by US$.
  • Economy reliant on remittances by Zimbabweans abroad and commodity exports (bad news as commodity boom over).
  • No reliable macroeconomic data, hence only credible barometer of economic performance is anecdotal, i.e. by what one sees on the street.
2575

Leave a reply