DOMESTIC debt increased 56,5 percent to US$8,1 billion as of the end of December 2023 compared to US$5,2 percent in 2022 after treasury added a capitalisation loan for the Mutapa Investment Fund, official figures reveal.
According to the latest public debt report, the government, in 2023, issued treasury bonds amounting to US$924 million to expunge legacy debts at the Reserve Bank of Zimbabwe and US$1,92 billion as a capitalisation loan to the Mutapa Investment Fund.