Finance Minister Tendai Biti: $217 Remains in Zimbabwe’s Sovereign Account

In a report from Agence France Presse, Tendai BitiĀ told reporters in Harare that Zimbabwe would have $217 remaining after it paid government workers, leaving the nation’s finances in a state of paralysis.   Zimbabwe had extraordinarily high levels of inflation in 2011 and 2012 which the IMF claims have only recently moderated at levels beneath […]

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