Thursday, April 09, 2009

The Great MirAge of Western Aid

from New Zimbabwe (blog)

... the rich nations as a group can afford the US$8,5 billion which it is estimated Zimbabwe urgently needs. Only I have a few questions: Why would the UK borrow money from the IMF to give it to Zimbabwe? ...

Prime Minister Morgan Tsvangirai made the point in a letter to the G20 leaders this week that Zimbabwe should not be denied aid simply “because the new government does not meet or match the ‘clean slate’ or ‘total victory’ standards expected by the West”.

He went on: “As a proud nation, we look forward to the day when we can develop our relationship with the West beyond merely being a beneficiary of emergency aid. We want to become a true economic partner and an investment opportunity for those who respect the true value of our natural resources and our sovereignty over them.”...

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