President vows to print more money
From Times Wire Reports
President Robert Mugabe has promised to print more money to fund municipal projects, a government newspaper reported. The pledge came despite hyperinflation that has created severe shortages of cornmeal, meat, milk and other staples.
The printing of money is generally regarded as a recipe for inflation -- which is officially at 4,500% in Zimbabwe, though independent economists estimate it to be at least twice as high.
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