Xinhua world economic news summary at 0900 GMT, Oct. 28

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HARARE -- Zimbabwean President Emmerson Mnangagwa on Friday urged Zimbabweans to accelerate efforts towards the realization of the country's long-term development vision of becoming an upper-middle-income society by 2030, despite ongoing Western sanctions imposed on the country.

"As Zimbabweans, we cannot afford to undertake our national development programs at a snail pace. Our country has already been robbed of time for development due to the 23 years of sanctions. We must never bury our heads in the sand," Mnangagwa said in his opening address at the ruling ZANU-PF party's Annual National People's Conference in Gweru, Midlands Province. (Zimbabwe-Vision 2030)

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PHNOM PENH -- The Cambodian government has approved the draft budget of 38,829 billion riels (about 9.4 billion U.S. dollars) for the government spending in 2024, a decrease from 9.64 billion dollars in 2023.

The approval was made during a weekly Cabinet meeting on Friday, which was chaired by Prime Minister Hun Manet, said a press release after the meeting. (Cambodia-Government Spending-2024)

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JAKARTA -- Indonesia's flag carrier Garuda Indonesia said on Friday that it succeeded in flying a commercial passenger plane using aviation fuel blended with palm oil, the company's president director said.

The Boeing 737-800NG aircraft with more than 100 people aboard took off from the Soekarno-Hatta International Airport in Banten province on Friday to the Adi Soemarmo International Airport in Central Java, about 550 km away. (Indonesia-Plane-Biofuel)

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KIEV -- Ukraine has harvested more than 70 million tons of grain, legumes and industrial crops since the start of the harvesting campaign so far this year, Prime Minister Denys Shmyhal said on Friday.

While addressing a cabinet meeting, Shmyhal said that Ukraine's total grain and oilseeds harvest will reach about 79 million tons this year, up 10 percent from 2022, the government press service reported. (Ukraine-Grain Harvest) Enditem

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