Zimbabwe's government has allocated 100 million dollars to refurbish the country's dilapidated infrastructure, part of the funds granted by the IMF last year, the finance minister said Thursday.

"This money is suppose to cover a lot of infrastructure development. We are not going to get outside help from anyone," said Tendai Biti.

The International Monetary Fund (IMF) in September offered Zimbabwe about 400 million dollars (272 million euros), in so-called Special Drawing Rights (SDRs), part of a scheme offered to all of its 186 members.

The money would be used to refurbish the country's airports, repair roads, power stations, water facilities and rail networks, Biti said.

The distribution of the funds had caused friction between Biti and central bank boss Gideon Gono.

Biti had maintained the funds should be used for infrastructure development, while Gono wanted it for the mining and manufacturing industries.

The economically-battered country owes about 140 million dollars in arrears to the IMF.

The organisation last month restored Zimbabwe's voting rights after a seven-year suspension, but said it would not be able to access formal loans until the arrears are settled.