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Africa Subsaharan
Zimbabwe president backs proposed roadmap to economic recovery
2007-02-17
Zimbabwe President Robert Mugabe has expressed support for the Reserve Bank of Zimbabwe (RBZ)'s proposed roadmap to economic recovery, local newspapers reported on Friday.

The plan involves the removal of price distortions, implementation of a social contract and a price and wage freeze. Mugabe was quoted by the official The Herald newspaper as saying that the government would implement proposals by RBZ Governor Gideon Gono. The endorsement by the president is expected to spur the implementation of the year-long program which should result in a fall in inflation. Mugabe said also of concern to the government was the need to focus more on infrastructural development such as the building of dams and roads.
Posted by:Fred

#6  > had a Hahvahd Grad put in charge of their financial system

Probably has a doctorate in Marxist economics. He'll fit in great in Mugabe land.
Posted by: DMFD   2007-02-17 13:43  

#5  I say we help out. There's gotta be millions of Gerry Ford's "WIN" buttons laying around in some dusty forgotten federal warehouse.

Nope, all were distributed, and they worked!
Posted by: Shipman   2007-02-17 12:57  

#4  A couple of days ago Zimbob announced they had a Hahvahd Grad put in charge of their financial system, IIRC, Listen to him and they've got a chance.
Posted by: Redneck Jim   2007-02-17 10:47  

#3  This will work about as well as the other road map we've been hearing about.
Posted by: Eric Jablow   2007-02-17 09:12  

#2  I say we help out. There's gotta be millions of Gerry Ford's "WIN" buttons laying around in some dusty forgotten federal warehouse.
I say we make an all out effort to find them and send them over...
Posted by: tu3031   2007-02-17 08:32  

#1  Mugabe said also of concern to the government was the need to focus more on infrastructural development such as the building of dams and roads.

...which will come right after regular eating and drinking resumes.
Posted by: Besoeker   2007-02-17 06:42  

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