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Speech delivered by Dr. Akinwumi A. Adesina, President, African Development Bank Group, at Zimbabwe’s High-Level Debt Resolution Forum, 15 May 2023, Harare, Zimbabwe

· Akinwumi Adesina, President of the African Development Bank Group (International)

Summary written by Dark Majestic in its own words · topics: banking regulation and supervision, public finances and debt, development and emerging economies

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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech delivered by Dr. Akinwumi A. Adesina, President, African Development Bank Group, at Zimbabwe’s High-Level Debt Resolution Forum, 15 May 2023, Harare, Zimbabwe

ContextSpeech at Zimbabwe's High-Level Debt Resolution Forum in Harare; the African Development Bank finances Africa's development and champions Zimbabwe's arrears clearance.

Why it mattersAdesina ties Zimbabwe's debt relief to governance and anti-corruption reforms.

Problems raised
  1. Zimbabwe carries heavy arrears.
  2. Governance weaknesses block debt resolution.
  3. Corruption and weak institutions deter creditors.
Solutions proposed
  1. Implement reforms in six critical areas.
  2. Improve transparency and fight corruption.
  3. Pursue a structured debt resolution dialogue.
Read full speech on afdb.org ↗

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