World Bank Chief Says Zimbabwe Needs G-20 Help to Exit Debt Trap

World Bank President Ajay Banga has stated that Zimbabwe's best path to resolving its 25-year debt default is to engage with the G-20 nations for assistance. Banga emphasized that Zimbabwe should not try to tackle this issue on its own, as it has been trapped in this debt crisis for a significant period. The World Bank chief suggested that collaboration with the G-20 group could help Zimbabwe formulate a viable solution to address its longstanding debt problems. This indicates that the World Bank believes external support and a collective approach are necessary for Zimbabwe to successfully exit its debt trap. Banga's comments highlight the complex and persistent nature of Zimbabwe's debt crisis, and the need for international cooperation and assistance to find a sustainable resolution. The article underscores the importance of global institutions and multilateral efforts in addressing economic challenges faced by countries like Zimbabwe.