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Ongoing Struggles Algeria | Argentina | Benin | Bolivia | Burkina Faso | Ecuador | Malawi | Mozambique | India | Indonesia | Niger | Nigeria | Pakistan | Paraguay | Puerto Rico | South Africa | Thailand | Zimbabwe Zimbabwe Price
Controls Threaten IMF US$200 Million Support "Prospects for the release of a $1,9 billion (US$50 million) tranche under a fresh $7,6 billion (US$200 million) 13-month credit facility from the International Monetary Fund receded this week as the Ministry of Industry and Commerce went ahead with the gazetting of the price of mealie-meal and threatened to take similar measures to control the price of bread... The price of mealie-meal had already been controlled by the government in an effort to stem social upheaval after spontaneous food riots erupted in January 1998. It took heavily armed troops to crush the riots, resulting in injuries and the death of at least 10 people from the use of live ammunition..." |