Biti told journalists outside parliament that his ministry had set aside money to fund elections in the event that President Robert Mugabe declared an election date in 2011.
“We have put money for elections, of course, and the referendum.If a presidential declaration for an election is made,yes, they will be an election,”Biti said without giving a figure.
Biti presented the national budget to Parliament on Thursday and said the country was working on a 2.7 billion dollars budget , projecting that the economy will grow by 9.3 percent this year.
Zimbabwe is expected to go for an election anytime next year as the parties in the unity government have all said there is need to hold the polls after disagreements in implementing key issues in the Global Political Agreement (GPA).
South African President Jacob Zuma jets in the country Friday to try to resolve the differences threatening the unity government established almost two years ago.
Mugabe’s Zanu (PF) party has said they want elections with or without a new constitution which is being made while the MDC led by Prime Minister Morgan Tsvangirai has said they want key democratic reforms to be implemented before the country goes for an election.