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More or Less

WS MoreOrLess: Zimbabwe's Economy

More or Less

BBC

News Commentary, Science, Mathematics, News

4.63.7K Ratings

🗓️ 6 December 2014

⏱️ 10 minutes

🧾️ Download transcript

Summary

Zimbabwe’s budget provided a fascinating insight into the country’s economy last week. Ben Carter looks at what the numbers mean for the future prosperity of Zimbabwe and the challenges the nation faces. The programme hears from David Blair, Chief Foreign Correspondent at The Daily Telegraph, Julian Rademeyer, director of fact checking website Africa Check and Russell Lamberti, author of When Money Destroys Nations.This programme was first broadcast on the BBC World Service.

Transcript

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0:00.0

Just before this BBC podcast gets underway, here's something you may not know.

0:04.7

My name's Linda Davies and I Commission Podcasts for BBC Sounds.

0:08.5

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0:18.0

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0:24.6

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0:29.7

If you'd like to discover something a little bit unexpected, find your next podcast over at BBC Sounds.

0:36.0

This is the short edition of More or Less, first broadcast on the BBC World Service.

0:42.0

Thank you for downloading from the BBC.

0:45.0

The details of our complete range of podcasts and our terms of use,

0:49.0

go to BBCworldservice. com slash podcasts.

0:57.6

Hello and welcome to more or less. I'm Ben Carter.

0:59.3

Last week Zimbabwe's finance minister Patrick Chinasa, delivered his budget for 2015.

1:05.8

His speech gave a fascinating insight into the state of Zimbabwe's economy and the challenge

1:10.6

the country faces going forward.

1:13.0

It also contains some rather worrying statistics.

1:16.3

In 2014, the government of Zimbabwe managed to find $18 million to spend on medical equipment

1:22.0

for all hospitals in the entire country,

1:24.4

which is a population of 12 million.

1:26.4

Meanwhile, it also found 16.7 million dollars

1:30.8

to spend on maintaining Mugabe's official residences.

1:34.0

More from David Blair, the chief foreign correspondent at the Daily Telegraph, later.

1:38.0

But first, let's take a look at some of the headline numbers in the budget.

...

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