Home
About
Contact
Register
Login
Generate
WhatsApp Message
*Govt pays $134m to former white farmers, $1 billion needed to compensate other farmers* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?nz On Thursday, Minister of Finance and Economic Development Patrick Chinamasa revealed that government has so far paid out $134 million as compensation to former white farmers who lost land during the government’s fast track land reform programme. It is estimated that the government needs around $1 billion to compensate at least 4 500 former white commercial farmers. The International Monetary Fund has made it a condition for Zimbabwe to compensate the white farmers who lost their properties in order to be eligible for funding from international institutions. Speaking at that budget review on Thursday, Chinamasa said: > On account of operations and maintenance for ministries and government departments, $220 million went towards recapitalization of our public enterprises, $134 million went towards the compensation of former farmers More: NewsDay ---------- Latest itel A06 on Pindula: 32GB storage, 4GB RAM $69 USD WhatsApp: +263715068543 Calls: 0772464000 ---------- _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
Copy to clipboard
Feedback