Zimbabwe economy plan will shield farms

Published: March. 20, 2009 at 12:52 PM

HARARE, Zimbabwe, March 20 (UPI) -- Zimbabwe's finance minister says a new economic program aimed at reviving the nation's agriculture sector will require $2 billion to get off the ground.

The Short-Term Emergency Recovery Program will, among other things, halt the takeover of large farms, which had become a hallmark of President Robert Mugabe's political supporters.

SW Radio Africa said Friday that the STERP plan was developed by the new "inclusive" government as a strategy for an overall economic recovery of which agriculture is a major component.

But Finance Minister Tendai Biti announced Thursday that at least $2 billion would be needed to begin the revival. At the same time, security for white farmers and a return to the rule of law would give the economy a major boost.

© 2009 United Press International, Inc. All Rights Reserved.
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