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11.2 million % inflation! How is Zimbabwe surviving?

September 18, 2008

Why Zimbabwe is in this situation?

Zimbabwe is in the throes of an unparalleled economic crisis because of over a decade of economic recession, extreme food and fuel shortage, an unemployment rate of over 80 per cent, and lack of political will to do anything about it.

The other reasons also are the government's ban on relief efforts by foreign NGOs, a debilitating drought, and the scourge of the AIDS epidemic.

There are more reasons for Zimbabwe's terrifying condition. . .

Image: Zimbabwean children eat at the Masarira primary school, where about 30 pupils receive a daily ration of beans and starch-based cereals during their mid-morning break. For some, it is the only meal they will have in the day. | Photograph: Alexander Joe/AFP/Getty Images

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