Treasury to sell off State assets
… as mounting debt surpasses 90% of GDP
LIVINGSTONE MARUFU Treasury is racing against time to identify and dispose of several State-owned Enterprises (SOEs) in a desperate attempt to settle its spiraling public debt, which has soared past US$21bn. The staggering debt mountain, amounting to nearly 90% of the country’s Gross Domestic Product (GDP),is threatening to choke economic progress and erode any remaining…
