HARARE, March 4 (Reuters) – Zimbabwe government\u2019s borrowing from the central bank reached $2.99 billion in December, about three times its permissible overdraft limit, central bank governor John Mangudya told a committee of parliament on Monday.<\/p>\n
President Emmerson Mnangagwa\u2019s government has promised to curb borrowing in 2019 as part of reforms to revive the economy after the budget deficit soared last year following a spike in spending ahead of elections last July. (Reporting by MacDonald Dzirutwe; Editing by Toby Chopra)<\/p>\n","protected":false},"excerpt":{"rendered":"
HARARE, March 4 (Reuters) – Zimbabwe government\u2019s borrowing from the central bank reached $2.99 billion in December, about three times its permissible overdraft limit, central bank governor John Mangudya told a committee of parliament on Monday. President Emmerson Mnangagwa\u2019s government has promised to curb borrowing in 2019 as part of reforms to revive the economy […]<\/p>\n","protected":false},"author":84,"featured_media":3846,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6],"tags":[83,118,55,31,149],"class_list":{"0":"post-4969","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-economy","9":"tag-economy","10":"tag-election","11":"tag-government","12":"tag-mnangagwa","13":"tag-president"},"yoast_head":"\n