In 2019, Zimbabwe's debt to International Finance Institutions was close to $10 billion USD.
But 60% of this debt was in accumulated interest and penalties.
![A pie chart showing 60% of Zimbabwe's debt was accumulated in interest and penalties](public/7ij2e4afib0ci686pkgtk18mpa3x/70_en_optimized.png)
In 2019, Zimbabwe's debt to International Finance Institutions was close to $10 billion USD.
But 60% of this debt was in accumulated interest and penalties.
Zimbabwe inherited debts of over $700 million from its colonial predecessor Rhodesia