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Mthuli raises $500 million in treasury bill sales

by Staff reporter
04 Jun 2020 at 18:03hrs | Views
Zimbabwe has raised $500 million in TB auctions that it will use to help combat the spread of the coronavirus.

Finance Minister Mthuli Ncube said government aimed to raise $1 billion in emergency coronavirus funding with the rest expected to come from insurance and pension funds.

Ncube also said the country recorded a $78 million budget surplus to April against a planned $3.6 billion deficit. He said in the four-month period, revenue was at $18 billion against expenses of $17.9 billion.

Source - Fingaz

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