Zimbabwe Moves to Reverse Mugabe Economic Legacy

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HARARE—Zimbabwe’s government on Thursday moved to undo parts of former President Robert Mugabe’s economic legacy, proposing an end to rules limiting foreign investment and broaching payments to white farmers whose land had been seized.

As he unveiled a $5 billion budget, Zimbabwe Finance Minister Patrick Chinamasa declared the country open for business following more than a decade of isolation during Mr. Mugabe’s 37-year reign. Mr. Mugabe’s rule ended last month after pressure from the military and his party, with his former…