For an individual, $ 200 can buy a lot of things. But for a country, is negligible. According to Agence France-Presse reported on the 29th, the Zimbabwean Finance Minister Teng dayi Beatty, 28, said after the payment of civil service wages in the last week, the Zimbabwe government's public accounts are down to $ 217.
Beattie told reporters in the capital, Harare, Zimbabwe, the government finances is paralyzed, "We can not achieve their goals, and some civil servants Bank fund balance exceeds government". Zimbabwe Government warned, will not have sufficient funds to be held this year's constitutional referendum and elections, the electoral body, said the $ 104 million needed to organize general elections. Claimed that the British "Guardian" sufficient funds to support even if the general election, to be held as scheduled, many people worry about the violence occurred.
The Zimbabwe official budget of $ 3.8 billion this year, the country's economic growth rate is expected to reach 5.0%. In 2001, Zimbabwean President Robert Mugabe announced the nationalization of the white man's farm. This will affect the overseas tourists also scare away investors the confidence to invest in the country, agricultural production stagnated, and lead to international sanctions, and therefore worsened the economic situation in Zimbabwe. More than a decade, Zimbabwe's inflation rate reached 231 million times.
At present, the economic situation in Zimbabwe has improved, compared with the previous stable public finances are still a mess, the enterprises of the country had to face an unstable power supply, lack of liquidity and a high human cost.
Zimbabwe plans to diamond exports this year will be doubled, but this may not be sufficient to save the government finances. Beatty said, There is no other choice but to request outside assistance.
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