Zambia extends its sincere appreciation to Ms. Victoria Kwakwa, the outgoing World Bank Vice President for Eastern and Southern Africa, for her steadfast support and commitment to the country’s economic transformation. During her tenure, Ms. Kwakwa has been a key advocate for Zambia’s financial stability and development, reinforcing the nation’s efforts toward economic recovery.
One of her most notable contributions was her instrumental role in Zambia’s pursuit of comprehensive debt restructuring under the G20 Common Framework. Her leadership and guidance were invaluable in helping the country navigate this complex process, laying a solid foundation for long-term economic stability and growth.
Beyond debt restructuring, Ms. Kwakwa has played a crucial role in strengthening Zambia’s partnership with the World Bank. Under her leadership, the institution has supported key economic reforms and development programs, aiming to improve resilience and foster sustainable prosperity.
During her visit, Ms. Kwakwa met with President Hakainde Hichilema, where discussions reaffirmed Zambia’s commitment to working closely with the World Bank. As she embarks on her next chapter, Zambia expresses deep gratitude for her contributions and wishes her success in future endeavors. The country looks forward to building on the progress achieved and further strengthening its collaboration with the World Bank in the years ahead.