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EDITORIAL COMMENT: Election spending binge is perilous

JUST as the International Monetary Fund (IMF) listed Zimbabwe among 20 fragile sub-Saharan states whose economic performance has deteriorated sharply, President Robert Mugabe’s ZANU-PF government ramped up its inflationary election-related spending. First was the announcement that Treasury will purchase 226 vehicles for chiefs, at an estimated cost of US$10 million. This was followed by another […]

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