The Zimbabwe government reached an all-time low when their public bank account revealed $217 within it. With the upcoming elections and their citizens suffering from hunger and poverty, international aid was deemed necessary.
After providing the salaries of the civil servants, the finance minister of Zimbabwe announced that there was only $217 in the government’s account, commenting that the bank accounts of public officials had more money.
The Zimbabwe Financial Crisis
In early 2013, Zimbabwe announced that the public bank account of the Zimbabwean government only had $217. The Finance Minister and the Secretary-General of the Movement for Democratic Change party, Tendam Biti, told the press that when the government paid the salary of the civil servants, the government funds have only amounted to $217. Biti explains further that the Zimbabwean government is in a “paralysis state” as they haven’t
