Zim­babwe pres­i­dent dou­bles the petrol price

The Scotsman - - World News - By FARIA MUTSAKA

Zim­babwe’s pres­i­dent has more than dou­bled the price of petrol, hop­ing the in­crease will end se­vere short­ages that are fu­elling pub­lic anger even as he de­parts on a for­eign trip to Rus­sia and other coun­tries in search of in­vest­ment.

In a press con­fer­ence on Satur­day night, Pres­i­dent Em­mer­son Mnan­gagwa said the in­crease in the state-con­trolled price of fuel should ease the short­ages that have gripped the coun­try in re­cent weeks.

The pres­i­dent left Zim­babwe yes­ter­day on a trip that will end with his at­ten­dance at the World Eco­nomic Fo­rum meet­ing in Switzer­land, an­ger­ing crit­ics who say he should stay at home to deal with the cri­sis.

Petrol short­ages comes as the coun­try bat­tles its worst eco­nomic cri­sis in a decade due to a short­age of for­eign cur­rency.

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