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SA, Zim finance ministers set to meet
Finance Minister Pravin Gordhan is set to hold a meeting with Zimbabwean Finance Minister Tendai Biti this month, said National Treasury.
The meeting between the two leaders will discuss Zimbabwe's request for further financial assistance, after which the request will be discussed by the South African Cabinet.
"We are not disclosing the date of the meeting," spokesperson at National Treasury said on Tuesday.
South Africa has previously assisted Zimbabwe, contributing R300m to the SADC Agriculture Support Programme - a portion of which was used for the purchase of seeds, fertiliser and fuel for agricultural production in Zimbabwe.
The support was provided through the African Renaissance Fund (which is managed by the Department of International Relations and Cooperation) in terms of an agreement reached in 2008.
South Africa also extended R300m as a Budget Support Grant to Zimbabwe for the rehabilitation of municipal infrastructure, including water reticulation, health services and education. The funding was approved by Parliament.
Source: SAnews.gov.za
SAnews.gov.za is a South African government news service, published by the Government Communication and Information System (GCIS). SAnews.gov.za (formerly BuaNews) was established to provide quick and easy access to articles and feature stories aimed at keeping the public informed about the implementation of government mandates.
Go to: http://www.sanews.gov.za
