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Africans give $400m to Zimbabwe (BBC)

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eppur_se_muova Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-01-09 07:21 PM
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Africans give $400m to Zimbabwe (BBC)
Edited on Fri May-01-09 07:21 PM by eppur_se_muova
Zimbabwe has received $400m (£270m) in credit from African governments, says Finance Minister Tendai Biti.

The funds are aimed at helping pay civil servants and regenerating the country's economy, he said.

Botswana provided $70m (£47m) and South Africa $50m (£34m), with the rest coming from the Common Market for Eastern and Southern Africa.

Mr Biti made the remarks during a visit to London, where he is looking for further funding.

A unity government formed by rivals President Robert Mugabe and Prime Minister Morgan Tsvangirai has appealed for billions of dollars from the West.
***
more: http://news.bbc.co.uk/2/hi/africa/8027073.stm




So ... now that AFRICANS are helping bail out Africans, will the US and UN step up?
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crimsonblue Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-01-09 07:29 PM
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1. sorry, we can only bail out American financial companies...
all others are SOL.
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izquierdista Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-01-09 08:44 PM
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2. Zimbabwe $ or real $
Because if it was Zimbabwe dollars, they just bought them one turnip.
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