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China 'agrees huge Zimbabwe loan'
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by Babel-Fish | June 30, 2009 at 06:15 pm
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China has agreed to give Zimbabwe a loan of $950m (£573m) to help it revive its battered economy, Prime Minister Morgan Tsvangirai has said.
Mr Tsvangirai had been criticised by supporters of President Robert Mugabe for failing to get more support during his recent trip to the West.
Mr Tsvangirai and Mr Mugabe formed a power-sharing government in February.
The government says it needs some $8bn to rebuild the country following years of collapse.
Oh poor old Mista Mugabe has not been paid for messing up the economy with his freaky dictatoship.
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at 22:52 on June 30th, 2009
Zimbabwe's history as a blatant shame how Robert Mugabe turned a very prosperous, if not the wealthiest country Rhodesia of Africa in such a mess. Western countries with their bailout spending should take a lesson, if those governments still continue with adding more debt in their effort to solve the crisis, they end up in a similar tune.