Zimbabwean economy is dead according to its president

Zimbabwe’s president, Emmerson Mnangagwa, said the country’s economy is “dead.” He pleaded for patience and said and said more time is needed turn it around.

The country had been facing a barrage of problems such as 18-hour power outages, a crippling cash crisis and food shortages.The country has the largest inflation rate in the world and cartels are invoking huge price increases. The national bank has also tightens currency laws.

Bread in Zimbabwe now costs $2 a loaf, or higher, making it beyond the reach of many in the poverty-stricken country. Residents had resorted to alternatives such as potatoes which is showing an unexpected boom. But they still drink their tea albeit without bread.

 

 

 

 

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