Zimbabwe: U.S., China Accounting Queries Damning Indictment On Govt

The complaints by the Chinese and the United States over the misrepresentation of development aid figures by the ministry of Finance have raised questions over the state of government's accounting methods.

Despite claims that it is committed to adopting new accounting methods, government is still lagging after it emerged recently the mismatch between Finance minister Mthuli Ncube's figures which he revealed in the 2020 National Budget statement and that of the Chinese government on developmental aid is US$136 million.

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