Zimbabwe's tax agency has said that it wants to uncover billions of dollars in undeclared assets kept by Zimbabwean citizens in foreign countries amid a worsening liquidity crunch.  

This comes as Zimbabweans have externalised billions of dollars, ranging from the relatively small bank deposits in neighbouring countries, to millions stashed in tax havens globally. The Reserve Bank of Zimbabwe has reported that banks are holding only to 2% of the cash reserves against the benchmark of 15%.

Source: Zimbabwe Daily News