France is "totally bankrupt", but Zimbabwe has a couple of hundred dollars.....
'France is totally bankrupt': French jobs minister Michel Sapin embarrasses Francois Hollande with shocking statement on state of the country's economy
Unexpected news came during a radio interview yesterday and calls into further question Hollande's controversial 'tax and spend' policies
Unexpected news came during a radio interview yesterday and calls into further question Hollande's controversial 'tax and spend' policies
Zimbabwe says public account stood at $217 last week
Zimbabwe's Finance Minister Tendai Biti has said that the country only had $217 (£138) left in its public account last week after paying civil servants.
However, he said that the following day some $30m of revenue had been paid in.
Mr Biti told the BBC he made the revelation in order to emphasise that the government was unable to finance elections, not that it was insolvent.
Zimbabwe's Finance Minister Tendai Biti has said that the country only had $217 (£138) left in its public account last week after paying civil servants.
However, he said that the following day some $30m of revenue had been paid in.
Mr Biti told the BBC he made the revelation in order to emphasise that the government was unable to finance elections, not that it was insolvent.
Comment