I’ve just read a statement that’s come in from a Zimbabwean NGO called Zimbabwe Coalition on Debt and Development. The statement calls for an audit of “Zimbabwe’s unpayable and odious loans” and asserts, “Zimbabwe’s debt – much of which has resulted from the post colonial burden, failed IFI structural reform programs in the nineties, and the lack of access to debt reduction programmes that other countries have benefited from.”
Whilst there is an urgent need for this kind of audit there is also an urgent need for organisations like ZIMCODD and Transparency International-Zimbabwe to charter that scary and unpopular course of demanding that public servants like Mugabe have his wealth investigated and audited.
According to the statement “Debt relief from both multilateral and bilateral creditors is imperative if Zimbabwe is to be able to meet the basic needs of its people”. It is also true to say that Zimbabweans need debt relief from the avarice of Zanu PF.