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Vol 49 No 20

Published 3rd October 2008


Zimbabwe

Next, the economic battle

Even if the politics fare well, foreign economic support is both essential and uncertain

The much-talked of US$1 billion rescue package for Zimbabwe's new power-sharing government is an illusion, according to British, United States and World Bank officials. There is no agreement on how much is needed or what the new power-sharing government would have to do to trigger fresh disbursements of any kind, the officials told Africa Confidential. Britain and the USA take the toughest line. 'We need to see that Morgan Tsvangirai has real authority,' a US State Department official said. He spoke of a series of tests - Tsvangirai's control over the Home Affairs Ministry, the police and reform at the Reserve Bank - which could trigger US financial help.

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