Treasury acts to raise poll funds

Treasury acts to raise poll funds
Published: 22 July 2013
Finance minister Tendai Biti has said Treasury has suspended the funding of all government activities except salaries as it battles to mobilise funds for elections.

Addressing a Press conference in Harare on Friday, Biti said government was still engaging Sadc to raise additional funding.

The comments by Biti come at a time Justice and Legal Affairs minister Chinamasa told an African Union Peace and Security Council (AUPSC) meeting in Ethiopia Friday that election funding challenges had been ironed out.

Chinamasa represented Zimbabwe at the continental body's meeting to review the country's preparedness for elections.

Sources said Chinamasa advised the council that Zimbabwe was ready to conduct elections and that the funding dilemma that had kept the holding of elections in limbo had been resolved.
- newsday

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