Inflation and the Effect on Cash-Strapped Schools in Zimbabwe

The Inter Press Service News Agency published a report on the cash-strapped situation for schools in Zimbabwe. Inflation is at an annual rate of about 255%, which has lead to the introdution of school fees--when in the 1990s free and compulsory education lead to near UPE and gender parity. The example of the Milton Junior School shows fees being raised 2000% to US$90 per year, in a country where unemployment is above 70% and few of the employed make over US$100 annually.