Fiscal indiscipline in Zimbabwe leads to unsustainable debt and economic imbalances
Zimbabwe has struggled with poor fiscal performance, leading to economic imbalances. Weak budget systems, political factors, and sanctions contribute to fiscal indiscipline, causing high deficits and debt. To improve, Zimbabwe needs stronger fiscal institutions, international support on sanctions, and clear fiscal targets. Saving during good times can help cushion against economic shocks like droughts and pandemics.