Got 217$? You Have More Money than Zimbabwe

[rob19]

Zimbabwe finance minister Tendai Biti says in this AFP report detailing the country’s perilous fiscal situation:

“Last week when we paid civil servants there was $217 (left) in government coffers,” Biti told journalists in the capital Harare, claiming some of them had healthier bank balances than the state.

“The government finances are in paralysis state at the present moment. We are failing to meet our targets.”

That’s not great news for a country looking to a hold an election, which will cost $104 million, in the next year, and Zimbabwe says it will need international help for the referendum. The country is ruled by a tenuous power sharing agreement between President Robert Mugabe, whose economic cronyism helped wreck the country’s economy, and opposition lead by former unionist Morgan Tsvangirai.

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[TheWalrus]

Stuff like this is why most countries eventually establish some sort of national bank. You need to be able to borrow at least temporarily to cover this kind of thing. Their main issue though is Mugabe, who's an utterly Satanic *******. He needs to be gunned down in the street and then maybe in 50 years they'll have something. Sad but that's the way it usually goes, and that's if they're lucky.

[MoFinz]

Not our issue......let them fail, thats how you learn. If you don't, thats how darwinism works

[NY8123]

****zzz..........I'd buy that **** for straight up bottle return money!!!!

Actually I feel bad, they can have my cans for the aluminum.

[MoFinz]

****zzz..........I'd buy that **** for straight up bottle return money!!!!

Actually I feel bad, they can have my cans for the aluminum.

I heard you pretty freely passed around your can.......im shocked....not surprised