This article is from the source 'bbc' and was first published or seen on . It will not be checked again for changes.
You can find the current article at its original source at http://news.bbc.co.uk/go/rss/-/1/hi/world/africa/8126555.stm
The article has changed 5 times. There is an RSS feed of changes available.
| Version 0 | Version 1 |
|---|---|
| China 'agrees huge Zimbabwe loan' | China 'agrees huge Zimbabwe loan' |
| (10 minutes later) | |
| China has agreed to give Zimbabwe a loan of $950m (£573m) to help it revive its battered economy, Prime Minister Morgan Tsvangirai has said. | China has agreed to give Zimbabwe a loan of $950m (£573m) to help it revive its battered economy, Prime Minister Morgan Tsvangirai has said. |
| Mr Tsvangirai had been criticised by supporters of President Robert Mugabe for failing to get more support during his recent trip to the West. | Mr Tsvangirai had been criticised by supporters of President Robert Mugabe for failing to get more support during his recent trip to the West. |
| Mr Tsvangirai and Mr Mugabe formed a power-sharing government in February. | Mr Tsvangirai and Mr Mugabe formed a power-sharing government in February. |
| The government says it needs some $8bn (£4.8bn) to rebuild the country following years of collapse. | The government says it needs some $8bn (£4.8bn) to rebuild the country following years of collapse. |
| "The government through the minister of finance, secured credit lines of almost $950m from China," Mr Tsvangirai said in a news conference. | "The government through the minister of finance, secured credit lines of almost $950m from China," Mr Tsvangirai said in a news conference. |
| 'Political obligations' | |
| The prime minister visited the US and Europe earlier this month in an attempt to raise funding for the struggling nation. | The prime minister visited the US and Europe earlier this month in an attempt to raise funding for the struggling nation. |
| The US promised $73m in aid while the UK pledged to boost its funding by about $8m. | |
| Mr Tsvangirai said he had received pledges totalling $500m. | Mr Tsvangirai said he had received pledges totalling $500m. |
| "The amount of assistance that was raised on my visit to Europe and the United States does not reflect the enormous support we will be able to utilise if we are to fulfil all our political obligations," he said. | "The amount of assistance that was raised on my visit to Europe and the United States does not reflect the enormous support we will be able to utilise if we are to fulfil all our political obligations," he said. |
| Mr Tsvangirai has been forced on several occasions to defend his decision to enter a power-sharing government with Mr Mugabe - as the two men spent years as bitter political rivals. | |
| Senior members of his party, the MDC, boycotted a cabinet meeting chaired by Mr Mugabe on Monday. | |
| And the president himself said last week the unity government had so far not lived up to its promises. | |
| "Money cannot be found to pay those who are working. Not even the ministers, not the president," Zimbabwe's Herald newspaper quoted him as saying. | |
| Mr Mugabe said he had been promised $100 in salary this year - but had so far received nothing. |