Zimbabwe's economy may slip into recession by 2015 if there are no fundamental policy shifts, according to Reserve Bank of Zimbabwe (RBZ) deputy governor Kupukile Mlambo.
Mlambo said this while addressing a recent SAPES and NED conference on Zimbabwe "Going Forward: Consolidating the democratization process and reinforcing re-engagement with the global community."
Mlambo said the country's $7 billion debt overhang needed to be addressed by adopting the Highly Indebted Poor Country (HIPC) strategy which would afford the country debt relief.
- The herald
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