President Emmerson Mnangagwa is leading a pivotal High-Level Structured Dialogue Platform today, aimed at updating stakeholders on Zimbabwe’s ongoing national debt resolution process. The forum is taking place in Harare at the Rainbow Towers Hotel.
The arrears clearance and debt resolution process is running under the theme, “Unlocking financing for the attainment of Vision 2030”.
The forum will feature prominent figures, including Dr. Akinwumi Adesina, President of the African Development Bank (AfDB), who has been a key champion of Zimbabwe’s debt resolution efforts, and former Mozambican President, Joaquim Chissano, who serves as the high-level facilitator for the process. These leaders will be joined by various stakeholders, including government officials, external creditors, development partners, civil society organizations, and private sector representatives.
Zimbabwe’s national debt has become a critical barrier to economic growth and stability which affecting investors’ confidance.
The country’s external debt, which includes arrears to multilateral development banks such as the African Development Bank, World Bank, and European Investment Bank, remains a significant challenge. The government is focusing on clearing arrears and securing a sustainable path for repayment, with the help of both local and international partners.