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Speech delivered by Dr. Akinwumi A. Adesina President and Chairman, African Development Bank Group - High-level Structured Dialogue Platform Meeting on Arrears Clearance and Debt Resolution for 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, payments, digital money and crypto-assets, 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 and Chairman, African Development Bank Group - High-level Structured Dialogue Platform Meeting on Arrears Clearance and Debt Resolution for Zimbabwe

ContextSpeech at a high-level dialogue meeting on clearing Zimbabwe's arrears and resolving its debt; the African Development Bank finances Africa's development and champions Zimbabwe's debt process.

Why it mattersThe bank ties a resolution of Harare's external arrears to governance and economic reforms backed by creditors.

Problems raised
  1. Zimbabwe carries heavy external arrears.
  2. Debt payments squeeze the national budget.
  3. A weak currency adds pressure on public finances.
Solutions proposed
  1. Pursue a structured dialogue on arrears clearance.
  2. Tie debt resolution to economic and governance reforms.
  3. Rally creditors and partners behind a common plan.
Read full speech on afdb.org ↗

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