China Accuses Zimbabwe Govt of Understating Financial Support

This comes after budget figures released by Finance Minister Mthuli Ncube showed that donor funding from China only amounted to U.S.$3.6 million from January to September, while the Chinese embassy says financial support to Zimbabwe was far greater, at U.S.$136.8 million between January and September. Now with the government's history of quietly racking up foreign debt without the approval of parliament, the funding discrepancy has led to questions of whether President Emmerson Mnangagwa's government is hiding figures or it has just made an accounting error.

  • Zimbabwe:  Govt Engages China On Budget Figures

    The Herald, 20 November 2019

    Government will engage the Chinese Embassy in Harare to establish a common accounting position on how much Harare received from Beijing as development partner support for 2019. Read more »

Photo: Pixabay

(File photo).

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