Daily Trust

Finance minister says sanctions to blame for cash crunch

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Zimbabwe’s finance minister blamed internatio­nal sanctions on Sunday for a cash crunch that has forced the government to delay wages to soldiers and civil servants as President Robert Mugabe faces rare popular protests.

Western countries imposed sanctions in 2001 on Mugabe’s government over allegation­s of vote-rigging and human rights abuses, which he rejects, while lenders such as the Internatio­nal Monetary Fund (IMF) have frozen financial aid since Harare defaulted in 1999.

Zimbabwe failed to pay the army on time for the second straight month, military sources said on Friday, and Finance Minister Patrick Chinamasa said the sanctions were hurting the government’s ability to meet its obligation­s.

“Sanctions crippled our capacity to own our internatio­nal obligation­s (debt payment),” Chinamasa said when asked about the wage-payment delays during an African Union summit in Kigali, Rwanda. He did not say specifical­ly which internatio­nal obligation­s had been affected.

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