Zimbabwe says not to auction the diamond government will close

Zimbabwe’s Finance Minister Tengdai Beatty said on March 14 that Zimbabwe must auction diamonds as soon as possible, otherwise the government will not work due to lack of funds, and even face closure. Due to the alleged "blood diamond" trade, diamond auctions in South Africa's diamond power Zimbabwe have been facing international resistance. Zimbabwe’s Finance Minister Tengdai Beatty held a press conference in the capital Harare on the 14th. Currently, the Zimbabwe government’s wages account for 70% of government tax revenue, and only 30% of the funds are used to perform other government functions. . Beatty said that if the diamonds are not auctioned, the Zimbabwean government will be seriously ineffective and even face closure.

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