Zimbabwe finance minister to deliver anticipated budget speech

Zimbabwe finance minister to deliver anticipated budget speech

Zimbabwe finance minister to deliver anticipated budget speech

Finance Minister Patrick Chinamasa had a day ago signed a $153m (£115m) loan agreement with China to upgrade the worldwide airport in the capital, Harare.

The loan has a 20 year tenure and seven year grace period at two percent interest per annum.

TheNewsGuru reports the Zimbabwe-China loan will also cater for 2 other projects: the construction of a new Parliament Building that will accommodate 650 legislators and the expansion of High Computer Performance Centre at University Zimbabwe.

"The extension of these facilities by the government of the People's Republic of China is testimony to the lasting friendship that exists between our two peoples and governments", he said.

Ping said more deals were likely to be signed between the two countries in the near future.

Surge de las cenizas un nuevo pretendiente de Belinda
La también actriz no ha declarado nada al respecto sobre el peculiar mensaje el cual generó varios comentarios y reacciones. Se trata del protagonista de la telenovela " Cómplices al rescate ", Fabián Chávez , con quien compartió créditos.

The Zimbabwe-China deals, though negotiated under the administration of former President Robert Mugabe, are the first major ones to be signed under the government of President Emmerson Mnangagwa.

He said China was pleased to be lending financial support to Zimbabwe at "this new juncture of Zimbabwe's social and economic development".

"These agreements we have signed today are just a testimony of our efforts and our friendship that withstands the test of time".

"As Zimbabwe's all-weather friend, the Chinese government has been committed to assisting our good friend and brother in its development path through thick and thin ever since Zimbabwe's liberation struggle", Huang said.

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