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?finance minister forecasts a slower economic growth rate caused by political tensions as the nation prepares for elections next year,Miu Miu Tote,Miu Miu Tote.
Finance Minister Tendai Biti said when presenting the national budget to parliament Thursday that Zimbabweans must brace for a "gnashing of teeth" as economic growth forecast at 9,Miu Miu Tote.8 percent for 2012 will decline to 5 percent in 2013,Miu Miu Handbags,Miu Miu Bags,Miu Miu Handbags.
Biti allocated $3,Miu Miu Bags.8 billion to government spending with more than half going to civil servants' salaries,Miu Miu Tote.
He warned against violence in the upcoming elections that could lead to a collapse of the "economic foundation" achieved by the four-year-old coalition between Zimbabwe President Robert Mugabe's ZANU-PF and the Movement for Democratic Change,Miu Miu Bags,Miu Miu Handbags,Miu Miu Bags. He said political uncertainty has scared away foreign direct investment,Miu Miu Bags,Miu Miu Handbags.
Biti is a former opposition politician in the coalition,Miu Miu Bags,Miu Miu Bags,Miu Miu Tote. |
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