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Zim needs money for elections

Zimbabwe needs up to US$190 million to hold its elections and the constitutional referendum.

Robert Mugabe wants elections held in March next year.

ZIMBABWE - Zimbabwe's finance minister Tendai Biti said on Saturday, he does not have enough money for the referendum and elections next year.

He said the country's going to have to look for funds from elsewhere.

Biti, who is from the Movement for Democratic Change (MDC), suggested turning to the international community or to Zimbabwe's diamond resources.

President Robert Mugabe said money has to be found to fund the polls but from where, is the pertinent question. 

Zimbabwe needs up to US$190 million to hold the elections and the constitutional referendum next year. 

Biti only has 50 million. 

He told reporters that pressure must be applied on Mines Minister Obert Mpofu, so that funding can come from the diamond sector. 

He also wants the international community to help. 

Mugabe said elections must be held in March but now there are signs he may accept a June date.