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We Appeal For Multilateral Support To Augment Our Efforts - ED Pleads For International Support

4 years agoSun, 01 Mar 2020 19:21:16 GMT
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We Appeal For Multilateral Support To Augment Our Efforts - ED Pleads For International Support

The president while addressing the Africa forum on sustainable development in Zimbabwe in Vic falls made a passionate plea to the international community to rally behind Zimbabwe and end the country’s isolation, The Zimbabwean reports.

During his address the president said:

Our five-year national development plans running up to 2063 will endeavour to achieve an upper middle-income status by 2030.

The need to remain alive to the shocks of drought and the impact of climate change through the necessary social safety nets cannot be overemphasised. We appeal for multilateral support to augment our efforts.

The president went on to say his government was implementing much-needed reforms and the funding gap remained low:

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It should be understood that we are undertaking the reforms without the requisite external financial support as is the norm. It is regrettable that the funding gap for the sustainable development goals in Africa remains low and weighs down on the attainment of [the] SDGs in Africa

Zimbabwe cannot borrow from the International Monetary Fund, the World Bank, African Development Bank and the Paris Club because of an $8 billion outstanding foreign debt.

More: The Zimbabwean

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