Zimbabwe and the World Bank

[1] Upon gaining independence in 1980, the new regime (under Robert Mugabe), sought to replace many of the institutions established by the previous white rule.

[1] Many of the new regime's actions, like land reform and involvement in The Democratic Republic of the Congo's civil war, have been the source of the state's economic [1] failure.

[2] As a result, the World Bank estimates that one out of every ten rural households are going without food for an entire day.

[2] Current World Bank Group and International Monetary Fund involvement is done in hope that the government can adjust their fiscal practices in order to alleviate the cost its citizens are paying.

[4] Due to non-payment of arrears, lending was suspended after 2000, but the World Bank has remained involved using non-lending instruments and trust funds.

[4] In addition to these trust funds, the IDA allocated $72 million for a crisis project in response to Cyclone Idai.