Zimbabwe is facing financial difficulties as it carries out reforms to restructure its $21 billion debt to international creditors.
The President of the African Development Bank, Akinwumi Adesina, spoke about the challenges the country is facing in managing its finances during these reforms.
The Reserve Bank of Zimbabwe has transferred $3.66 billion of external debt to the Treasury, which has further complicated the nation's fiscal situation.
It is crucial for Zimbabwe to unlock debt relief as it works towards economic recovery and financial stability.