War, mismanagement and excuses
The war in the Congo that Zimbabwe was involved in for over 5 years since 1998 too bled its coffers dry, as hundreds of millions of dollars fled from the economy.
Economists say that gross mismanagement and corruption in the Zimbabwean government has worsened the situation further.
Zimbabwe's ruler President Robert Mugabe, however, puts the blame elsewhere. He says that financial isolation by the world, especially American and European institutions and governments, has led to such a state of affairs.
Image: The official portrait of President Robert Mugabe hangs on the wall as Zimbabwaen dollar bank notes are shown at the airport in Bulawayo, Zimbabwe. | Photograph: John Moore/Getty Images
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