The incoming African Development Bank Executive Director for the Southern Africa Group II Constituency, Dr. Eugénio Maria Paulo, on Monday paid a courtesy visit to the Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube, as part of his familiarisation mission in Zimbabwe.
According to a Treasury statement, the visit is part of Dr. Paulo’s strategic approach to gaining a deeper understanding of Zimbabwe’s macroeconomic landscape, ongoing reforms, and broader development priorities, as well as the role of the AfDB Constituency Office in the region.
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During the meeting, Prof. Ncube briefed Dr. Paulo on the country’s economic trajectory and reform agenda. He highlighted that Government is finalising the formulation of the National Development Strategy 2 for the 2026–2030 period, which will succeed NDS1 when it concludes in December 2025.
“NDS2 outlines a structured roadmap toward transforming Zimbabwe into an upper-middle-income economy,” Treasury stated.
The meeting reaffirmed Zimbabwe’s commitment to strengthening its partnership with the AfDB, which remains a key development partner for both the country and the broader Southern Africa region.
Treasury added that Dr. Paulo’s proactive engagement and on-the-ground assessment will support better alignment of future AfDB interventions with Zimbabwe’s development priorities.
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