Zim Debt Rises as Growth Slows

Published: 02 Dec, 2025 17:13 Sources: S1 S2 Category: Business Language: English Country: Zimbabwe

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Zimbabwe’s public debt has climbed 8.5% to $23.4 billion, driven mainly by rising domestic borrowing, Finance Minister Mthuli Ncube revealed in the 2026 budget. He projected slower 2026 growth of 5% due to global headwinds, despite a rebound in agriculture and mining. Inflation is expected to fall to single digits. Talks continue with international lenders under the arrears-clearance process.