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Vol 54 No 23

Published 15th November 2013


Zimbabwe

Struggles with the economy

The ruling party’s skill at winning elections is as great as its grasp of the economy is weak. It is casting about for help and inspiration

It is becoming clear that the cost of the Zimbabwe African National Union-Patriotic Front’s July electoral victory is the loss of the financial credibility built up by Tendai Biti of the Movement for Democratic Change, who was Finance Minister in the coalition government for its last four years. The MDC is now again in opposition and Biti’s replacement is ZANU-PF’s Patrick Chinamasa. He returned empty-handed from the International Monetary Fund-World Bank annual meetings in Washington to announce that the budget would be postponed until January – the last date the constitution permits – while he holds consultations.

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