The World Bank Group is committed to work with
all partner countries, including Zimbabwe, to
achieve their long term development goals. We
care deeply about the well-being of the people of
Zimbabwe.
Contrary to what has been reported in some
media, Zimbabwe is not currently eligible for
financing under IDA’s turnaround facility. The
Zimbabwe Turnaround Eligibility Assessment Note
that was leaked to some outlets is an unofficial
draft document that has not been approved by
the Bank.
The World Bank will only resume direct lending to
Zimbabwe when the issue of arrears is resolved.
This approach is standard to all International
Financial Institutions. Upon arrears clearance,
Zimbabwe would be eligible as a borrowing
member of the Bank to a broad range of
financing instruments