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GOVERNMENT would host a High-Level Structured Dialogue Platform Forum on November 25, 2024, to update all stakeholders on the progress made to date and to discuss the roadmap for the Arrears Clearance and Debt Resolution Process.
President Mnangagwa is expected to address the gathering, which will be attended by Dr Akinwumi Adesina, the president of the African Development Bank Group and champion of the process, together with former Mozambican President, Joaquim Chissano, as the high-level facilitator.
Various stakeholders are also expected to attend, including Government representatives, creditors, development partners, international organisations, civil society organisations and the private sector, among others.
The three co-chairs of the sector working groups representing Government under the Structured Dialogue Platform are expected to present their progress reports.
The three sector working groups are focused on: Economic Growth and Stability Reforms; Governance Reforms; and Land Tenure Reforms (bankable 99 Year Lease), Compensation of Former Farm Owners and the Resolution of Bilateral Investment Protection and Promotion Agreements (Bippas).
“These presentations will be followed by statements from the co-chairs representing development partners in the sector working groups,” according to a latest statement issued yesterday by the Treasury.
“The Forum will conclude with a plenary discussion and a presentation on the roadmap and way forward for the Arrears Clearance and Debt Resolution Process.”
Government under the Second Republic has strongly committed to implementing a transparent and collaborative Arrears Clearance and Debt Resolution Process to ensure the country’s long-standing debt challenges can be resolved in the most sustainable manner.
The forthcoming High-Level Forum follows the technical meeting of the co-chairs of the sector working groups of the Structured Dialogue Platform on the Arrears Clearance and Debt Resolution Process that took place in October.
The meeting highlighted the significant progress made by Government in implementing reforms underpinning the process and identified the next steps.
Government established in December 2022, a Structured Dialogue Platform with all its creditors and Development Partners, to institutionalise dialogue on economic and governance reforms to underpin the Arrears Clearance and Debt Resolution Process.
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