Officials of both countries said US$1 billion would be to support
government operations, while a US$1 billion credit line would be
established for other purposes.
Official sources said South Africa meanwhile is advancing 60 million
rand for agricultural materials. Pretoria provided R300 million for
farming inputs last year.
The communiqu issued at the end of Monday’s Zimbabwean-South African
Joint Permanent Commission session in Victoria Falls stated stating the
desire of both countries to cooperate to help Harare re-engage with the
international community and lift Western sanctions.
But South Africa also urged other member nations of the Southern
African Development Community to involve themselves in Zimbabwe’s
turnaround.
But Bulawayo-based economist Eric Bloch told reporter Blessing Zulu of VOA’s Studio 7 for Zimbabwe that Harare must downsize government before going on a begging spree.
VOA’s News
Post published in: News