Zimbabwe expects comprehensive Chinese financial aid - finance minister


  • World
  • Wednesday, 12 Feb 2014

Zimbabwean women collect food aid from a distribution point in Mutawatawa, about 220km northeast of the capital Harare, November 25, 2013. REUTERS/Philimon Bulawayo

HARARE (Reuters) - Zimbabwe expects to conclude negotiations for comprehensive financial aid with long-time ally China in the next three months as President Robert Mugabe's government seeks to revive a slowing economy, the finance minister said on Tuesday.

The government requires $27 billion (16 billion pounds) - more than twice the size of its economy - to fund a five-year plan to improve basic services and rebuild the impoverished southern African country, according to state officials.

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