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World News   Zimbabwe   Business   Financial
Zimbabwe, Financial Timeline Monday, July 21     Author
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Embattled Mugabe boosts workers' pay

World News
    Zimbabwe (170)
        Business (15)
            Financial

                2007 (4)
                2005
                2002 (2)

                Financial on Wikipedia
                Financial on Web
                Financial Books

$100 billion banknotes introduced
Jul. 19
  Troubled central bank introduced new $100 billion banknotes in a desperate bid to ease the recurrent cash shortages plaguing the economy

Mar.12
  President, battling skyrocketing inflation, has announced 'a huge salary increase' for his nation's government workers
Feb.1 Inflation tops 24,000%, officially  Zimbabwe's central bank has revealed that its annual inflation has climbed to the highest in the world. Independent estimates of 150,000%

year 2007 Top ^

Dec.24 Hours-long lines to get scarce currency
  Thousands of Zimbabweans waited for hours to get currency from the banks so they could buy food and board buses for Christmas trips
Jul.31 New inflation warning for Zimbabwe
  The IMF said on Tuesday that year-on-year inflation rate could reach over 100,000% by the end of the year Jul.5 Bulk buy ban amid frenzy
  Authorities ordered businesses to stop selling basic goods in bulk to avert shortages after an price freeze triggered a frenzied buying spree
Jun.22   Mugabe faces pressure on currency
  Zimbabwe's currency plunged to new depths as the U.S. ambassador predicted galloping inflation will force Mugabe from office


year 2005 Top ^

EU leaders agree 7-year budget

year 2002 Top ^

Aug.7   $34m EU aid package
  Aid package is for famine-stricken Zimbabwe. EU is warning Mugabe against interfering with its distribution Euro mark celebrations



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