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| Growth in Zimbabwe 'may reach 6%' | Growth in Zimbabwe 'may reach 6%' |
| (about 3 hours later) | |
| Zimbabwe's economy could grow by between 4% and 6% this year, according to the country's finance minister. | Zimbabwe's economy could grow by between 4% and 6% this year, according to the country's finance minister. |
| Tendai Biti said steps would be taken to restrict central bank activities such as borrowing, and Zimbabwe was coping with the lack of foreign aid. | Tendai Biti said steps would be taken to restrict central bank activities such as borrowing, and Zimbabwe was coping with the lack of foreign aid. |
| The Zimbabwean economy has been battered by years of hyperinflation and economic contraction. | The Zimbabwean economy has been battered by years of hyperinflation and economic contraction. |
| Prime Minister Morgan Tsvangirai is on a tour of Europe and the US trying to drum up financial support. | Prime Minister Morgan Tsvangirai is on a tour of Europe and the US trying to drum up financial support. |
| Mr Biti was speaking at the World Economic Forum on Africa in Cape Town. | Mr Biti was speaking at the World Economic Forum on Africa in Cape Town. |
| "I think we will be able to achieve a growth rate of at least 6%, although conservatively it will be 4% in 2009," he told journalists. | "I think we will be able to achieve a growth rate of at least 6%, although conservatively it will be 4% in 2009," he told journalists. |
| The fact that the government was able to address Zimbabwe's economic problems "without any cent from anyone", he added, showed that "we can do it with or without huge financial resources". | The fact that the government was able to address Zimbabwe's economic problems "without any cent from anyone", he added, showed that "we can do it with or without huge financial resources". |
| Zimbabwe's economy has been shrinking for years. It contracted by 6.1% in 2007, according to the International Monetary Fund. | Zimbabwe's economy has been shrinking for years. It contracted by 6.1% in 2007, according to the International Monetary Fund. |
| The power-sharing government of President Robert Mugabe and Prime Minister Tsvangirai - sworn in in February - has said the country needs about $10bn (£6bn) to stabilise its economy. | The power-sharing government of President Robert Mugabe and Prime Minister Tsvangirai - sworn in in February - has said the country needs about $10bn (£6bn) to stabilise its economy. |
| Prime Minister Tsvangirai meet US President Barack Obama later. | |
| Foreign donors have said they will only consider aid once Zimbabwe's government creates a democracy. | Foreign donors have said they will only consider aid once Zimbabwe's government creates a democracy. |