Zimbabwe’s inflation slashed to three percent, Tsvangirai
London, 15 June-(ANA)-Zimbabwe has slashed its inflation rate from 500 billion per cent to three per cent in just three months, Morgan Tsvangirai, the prime minister, has said.
Mr Tsvangirai has kicked-off a three-week international tour seeking political and financial support for the stricken country.
He will tell Gordon Brown in London this week that his party, the Movement for Democratic Change, needs to be seen to be delivering economic progress for ordinary Zimbabweans to win the next elections.
Mr Tsvangirai is the prime minister in a fractious coalition government headed by his bitter rival President Robert Mugabe, the country's long-time autocratic leader.
Western governments are still extremely wary of dispatching more aid to a country subjected to a reign of terror by Mr Mugabe's militias and reduced to an economic basket-case by the disastrous policy of seizing the farms of white landowners.
Correspondents say that Mr Tsvangirai will urge the US and European donors to increase their support to boost the MDC's standing in Zimbabwe.
He will tell them that the credibility of the MDC depends on life improving for Zimbabweans and request "targeted support", according to allies of the prime minister.
He will also try to assure them that continued stability before the next election will ensure a "landslide defeat" for Mr Mugabe's Zanu-PF and that international pressure will prevent the president's allies in the military from intervening to overturn the result.(ANA)
UK/Coffee