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OBAMA/ZIMBABWEBack
[Published: Saturday June 13 2009]

Obama pledges £44m aid for Zimbabwe

Washington, 13 June-(ANA)-US president Barrack Obama has pledged £44m in aid for  during a meeting with  visiting Zimbabwe Prime Minister Morgan Tsvangirai.

Mr Obama said he wanted to encourage the rule of law, human rights and basic health and education in Zimbabwe.

Mr Tsvangirai - who entered a power-sharing agreement with President Robert Mugabe in February - is on an international tour to seek aid.

President Obama said he had "extraordinary admiration for the courage and tenacity" shown by Mr Tsvangirai, the leader of the former opposition Movement for Democratic Change in Zimbabwe.

The US president said the power-sharing coalition in Zimbabwe was showing promise, following what he termed the "very dark and difficult" period the country had been through.

Correspondents say the warm welcome given to Mr Tsvangirai is in sharp contrast to the attitude towards President Mugabe, who is the subject of a travel ban and assets freeze by the United States and European Union.

Earlier, Zimbabwean Finance Minister Tendai Biti said the country's economy could grow by between 4% and 6% this year.

Mr Biti said steps would be taken to restrict central bank activities such as borrowing and that Zimbabwe was coping with a lack of foreign aid.

The Zimbabwe economy has been battered by years of hyperinflation.

Mr Biti was speaking at the World Economic Forum on Africa in Cape Town. (ANA)

FA/ANA/13 June 2009---

 


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