By Own Correspondent| German ambassador to Zimbabwe,Thorsten Hutter, has revealed that his country is ready to engage with Zimbabwe, calling on government to reduce its budget deficit in order to boost investor confidence.

He said the government’s excessive spending does not aspire investor confidence.

The German ambassador said his country is ready to engage with Zimbabwe.

Speaking on the sidelines of a tour of Gweru’s water reservoirs rehabilitated with help from German Development Co-operation, he said:

“We are ready to re-engage but this needs to be based on decisions by the government of Zimbabwe, decisions that would be tough, painful decisions, which have to do with the runaway budget deficit.” – Newsday