Tuesday, 23 February 2010

$800m of Unspent Aid

Zimbabwe's unstable power sharing government are once again divided, this time over how to spend $800m of recently approved aid.

Gideon Gono, Governor of the Central Bank and ally of Robert Mugabe has accused Finance Minister Tendai Biti of being too slow to spend the donated money.

Biti has been cautious in spending the money donated by the IMF and African Export-Import Bank that amounts to $800m, and wants to wait for an approved budget, which will not be presented until November, before spending the money.

Gono, who has often clashed with Biti over Zimbabwe's finances, wants to see the money given to farmers and manufacturers to boost the failing economy.

Mr Biti and the Movement for Democratic change (DMC) have blamed Mr Gono for the current state of the economy and have called for him to be replaced.

"People are dying, and they are waiting for a budget", said former Zimbabwean tobacco farmer Joe Nell. "It just seems like petty arguments and point scoring from everyone, so nothing ever gets done and the people are forced to suffer and things will probably only get worse until Mugabe goes."

The public are crying out for the government to use the money to prevent the spread of cholera however with nothing set to bet spent until the budget is presented in November, the start of the rainy reason, which lasts through until November the government will be too late to prevent any further spread.

There has been comment at the moment from Mr Biti or the DMC as to how they propose to spend the $800m but Zimbabweans are hopeful that it will be spent on improving the general living conditions of the people.

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