Zambia's debt crisis requires restructuring to unlock growth, create jobs, and avoid defaulting on $4.8B debt service. World Bank's International Development Association (IDA) support has been crucial for funding education, health, and infrastructure. Now the country needs continued support for sustainable economic growth. Watch this interview between Anna Bjerde, World Bank Managing Director of Operations, and Situmbeko Musokotwane, Zambia's Minister of Finance Zambia, held during the World Bank 2024 Spring Meetings. Get more exclusive content!    • 2024 World Bank Spring Meetings: Digi...   #idaworks

00:00 Zambia in the Spring Meetings
03:19 Debt restructuring
06:08 World Bank's International Development Association (IDA) and Zambia
09:45 Closure

The World Bank Group Spring Meetings present a unique opportunity for all to join central bankers, ministers, private sector executives, civil society representatives, youth leaders, academics, and others to discuss the most pressing challenges facing our world today and how we can best respond to these to promote growth, equity, and prosperity for all. http://wrld.bg/mHpq50R8RbP    • 2024 World Bank Spring Meetings  

ABOUT THE WORLD BANK 🌐 The World Bank is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development on a livable planet. http://www.worldbank.org