Adding even more pressure to the situation, the minimum balance requirement on Zimbabwe’s checking account at the Harare Bank & Distrust is $200.

From AFP:

After paying public workers’ salaries last week, the balance in cash-strapped Zimbabwe’s government public account stood at just $217, Finance Minister Tendai Biti said Tuesday.

“Last week when we paid civil servants there was $217 (left) in government coffers,” Biti told journalists in the capital Harare, claiming some of them had healthier bank balances than the state.

“The government finances are in paralysis state at the present moment. We are failing to meet our targets.”

Mugabe probably raided the accounts again. But that won’t stop them from asking everybody else to pay for their election:

Zimbabwe’s government has warned it does not have enough money to fund a constitutional referendum and elections expected this year.

Biti said that left no choice but to ask the donors for cash.

“We will be approaching the international community,” he said.

Zimbabwe’s elections agency says it will need $104 million to organize the election — and probably another $100 million to rig it.

Three words of advice for you, Zimbabwe: Trillion. Dollar. Coin.

Comments

12 Responses to “Zimbabwe Has $217 in the Bank; Considering Transferring Balance to a Different Bank Just for the Free Tote Bag”

  1. Obama bin Biden on January 30th, 2013 8:04 pm

    Hope and Change?

    Sounds like it could be the US by 2016.

  2. Truesoldier__ on January 30th, 2013 8:43 pm

    Wow, they are doing better than we are. As a matter of fact it sounds to me like they have $217 more than we do and probably a whole heck of a lot less debt.

  3. backwoodsconsr on January 30th, 2013 8:48 pm

    Tote bag? They don't give toasters anymore?

  4. Truesoldier__ on January 30th, 2013 8:57 pm

    O/T…but just too funny. Jay Leno had this joke regarding Sen Menedez:

    “Well, in more serious news, the FBI investigating New Jersey Senator Bob Menendez for allegedly soliciting Dominican prostitutes. So, once again, foreign workers doing the jobs Americans don’t want to do, right?”

    “Well, the FBI says Menendez agreed to pay the prostitutes $500 but then only gave them $100. So, he had sex like a Democrat but is a fiscal conservative like Republicans. That’s what we need in Washington! We need more men like that! Yeah. A little different when they’re spending their own money, huh?”

    http://dailycaller.com/2013/01/30/jay-leno-jokes-

  5. jeffythequick on January 30th, 2013 9:41 pm

    yeah, they have about $16,000,000,000,217.00 more than we do.

  6. jeffythequick on January 30th, 2013 9:46 pm

    Way O/T:
    Chinese* pollution calls for fresh air in cans. http://abcnews.go.com/International/chinas-filthy

    Where have I seen this before? Oh yeah! http://www.youtube.com/watch?v=SiabeNR_q0U

    I'm not going to scoff at this market like I did with bottled water. I'm sure American Air will sell like hotcakes there!

    *not subject to pollution laws b/c they're a developing nation, oh, and they don't wanna…

  7. Truesoldier__ on January 30th, 2013 9:49 pm

    And the ATF is in the news for, you guessed, another botched sting operation.

    http://www.jsonline.com/watchdog/watchdogreports/

  8. JetHeadJoe on January 31st, 2013 11:54 am

    Yep…you beat me to it…that's why you're jeffy the QUICK!

  9. Marshall_Will on January 31st, 2013 12:46 pm

    JetHeadJoe,

    ( That's why it's called "fractionalized banking" I guess? )

    Hey, not that it's any of our business in any way, but most of the posters here have shared their 'story' at one time or another, what they do ( in my case *used* to do ) for a living! family, background etc.

    Anything you'd care to share? I mean beyond our common bond of h8 for Dick O'Drama?

  10. Marshall_Will on January 31st, 2013 12:55 pm

    TS,

    Any idea how many times I've been bludgeoned about Larry Craig ( R ID ) over similar allegations from the Left?

    Even AFTER identifying yourself as an MM regular reader and her *repeated* labeling of Larry as nothing more than "a lying cr@pweasel"? Where THEY'RE concerned, it might as well have been ME doing that toe tapping, pipe clutching, stall busting [anonymous partner] boogie. ( Let's see ya' get THAT on an album cover!? )

    Guess we'll have to settle for late-nite comic's lampooning. It's the best that can be hoped for…

  11. mcmeador on February 1st, 2013 1:42 am

    Sounds like they're doing better than we are here in the U.S.

  12. anny on June 19th, 2013 1:22 pm

    I have come to the conclusion that we all have a little blame global warming and its consequences and guilt even more politicians who do not slow down. http://www.globalwarmingweb.com/

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