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Zimbabwe rivals row over aid cash | |
(about 6 hours later) | |
Two key figures in Zimbabwe's shaky power-sharing government are divided over how to spend some $800m (£500m) in recently approved aid funding. | |
Central Bank governor Gideon Gono - an ally of President Robert Mugabe - has said Finance Minister Tendai Biti is being slow to spend the money. | Central Bank governor Gideon Gono - an ally of President Robert Mugabe - has said Finance Minister Tendai Biti is being slow to spend the money. |
Mr Biti is a senior figure in the former opposition MDC. | Mr Biti is a senior figure in the former opposition MDC. |
He has reportedly argued that the money should be spent only after the government has agreed a budget. | He has reportedly argued that the money should be spent only after the government has agreed a budget. |
The unity government was formed in February in an attempt to save Zimbabwe's shattered economy. | The unity government was formed in February in an attempt to save Zimbabwe's shattered economy. |
Donors have been wary of restoring too much aid to Zimbabwe, fearing it could be misused by Mr Mugabe and his allies. | Donors have been wary of restoring too much aid to Zimbabwe, fearing it could be misused by Mr Mugabe and his allies. |
But the IMF and African Export-Import (Afrexim) Bank have made some $800m available. | But the IMF and African Export-Import (Afrexim) Bank have made some $800m available. |
Mr Gono, who has often clashed with Mr Biti over control of Zimbabwe's finances, says the money should be distributed to farmers and manufacturers to boost the country's economy. | Mr Gono, who has often clashed with Mr Biti over control of Zimbabwe's finances, says the money should be distributed to farmers and manufacturers to boost the country's economy. |
"The current delay in utilising the IMF loan is needlessly delaying the recovery of the economy," Mr Gono said, according to the Reuters news agency. | "The current delay in utilising the IMF loan is needlessly delaying the recovery of the economy," Mr Gono said, according to the Reuters news agency. |
"I called the minister of agriculture... and told him that if he is not careful, he will lead this country to hunger. | "I called the minister of agriculture... and told him that if he is not careful, he will lead this country to hunger. |
"There is no meaningful land preparation going on, because there is no money for fuel and spares." | "There is no meaningful land preparation going on, because there is no money for fuel and spares." |
Mr Biti's Movement for Democratic Change (MDC) blames Mr Gono for the collapse of Zimbabwe's economy and wants him to be replaced. | Mr Biti's Movement for Democratic Change (MDC) blames Mr Gono for the collapse of Zimbabwe's economy and wants him to be replaced. |
The latest row comes as President Mugabe is due to open parliament later on Tuesday. | The latest row comes as President Mugabe is due to open parliament later on Tuesday. |
The budget is due to be presented in November. | The budget is due to be presented in November. |
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