SADC has reiterated its solidarity with Zimbabwe as the neighbouring country makes strides towards settling its arrears with international financial institutions.

This is after Zimbabwe outlined marked progress on its Arrears Clearance and Debt Resolution Roadmap during the just-ended 2026 International Monetary Fund-World Bank Spring Meetings in Washington DC.

It is against this backdrop that SADC has called on the international partners to recognise the progress achieved and support a fair, durable, and development-oriented resolution of Zimbabwe's external debt.

SADC Executive Secretary Elias Magosi urged international partners to match Zimbabwe's efforts with coordinated and predictable support.

"Timely arrears clearance is essential for restoring access to concessional finance and advancing comprehensive debt restructuring, noting that delays carry wider regional implications for investment, financial stability, and shared development objectives across SADC."

Zimbabwe's Finance Minister, Mthuli Ncube, said Zimbabwe has achieved key milestones.

These include a staff-level agreement on a 10‑month IMF Staff Monitored Programme aligned with the National Development Strategy 2 and the 2026 National Budget.

"Gross domestic product grew by 8.4% last year and is projected to be around 5% over the medium term; inflation has stabilised at 3%–4%; and the country has recorded seven consecutive current account surpluses, most recently above US$2 billion."

The latest economic indicators in Zimbabwe show continued strength, with fiscal deficits remaining below 1% of the gross domestic product (GDP), while public debt, currently about 45% of the GDP, is projected to fall below 40%.