Finance Minister Reveals Gvnt Has Raised $500million From International Banks
18 May 2019
By Own Correspondent- Zimbabwe’s Finance and Economic Development Minister, Mthuli Ncube announced on Twitter on Saturday 18 May that the government has raised $500 Million from international banks.
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He made the announcement after the RBZ had announced that it would be injecting US$500million in the Interbank Forex Market on Monday, 20 May. Zimbabweans on social media questioned where the money had come from with some speculating that the government had been buying forex on the black market in the past week.
Mthuli Ncube intervened to explain the source of the money: