By JOSEPH BANDA – INTERNATIONAL Monetary Fund (IMF) managing director Kristalina Georgieva says Zambia’s Social Cash Transfer (SCT) programme is a positive benchmark for other parts of the continent.Read more
Posts tagged as “International Monetary Fund”
By JAMES KUNDA – THE United States (US) has expressed happiness with Zambia’s performance under the US$1.3billion external credit facility of the International Monetary Fund (IMF) obtained last year. Read more
By CHATULA KANGALITHE Staff Level Agreement (SLA) reached between Zambia and the International Monetary Fund (IMF) signifies key developmental patterns that the country has taken in ensuring stability, social economist Kelvin Chisanga has observed. Read more
By FELIX NKINKE – AS hope over a restructuring programme continues, the International Monetary Fund (IMF) has given fresh assurance that China will support a debt restructuring programme for Zambia.IMF managing director Kristalina Georgieva told the AFP yesterday that on her recent high-level trip to China, she got assurances that China will respect its commitment […]
By JAMES KUNDA – ZAMBIA has scored a 100 per cent mark on the implementation of benchmarks set under the U$1.3billion International Monetary Fund (IMF) economic recovery support programme obtained in August, 2022. Read more
By JOSEPH BANDA – ZAMBIA and the International Monetary Fund (IMF) have reached a Staff- Level Agreement (SLA) on economic and financial policies that will enable the country access US$188 million of the US$1.2 billion bailout package.The SLA was subject to approval by the IMF management and board before the US$ 188 million, which would […]
By JOSEPH BANDA and KETRA KALUNGA – AN International Monetary Fund (IMF) mission is in the country for the first review of Zambia’s programme under an Extended Credit Facility (ECF) arrangement, and Article IV consultations.
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By CHATULA KANGALI – THE International Monetary Fund (IMF) has urged Zambia to be a spotlight for agriculture exports as the world faces food insecurity, because the country has good soils and favourable climate. Read more
[IMF] Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement today in Lusaka at the conclusion of her January 22-24 visit to Zambia: "I wish to thank H.E. President Hichilema, Minister of Fi...
[VOA] Lusaka -- The head of the International Monetary Fund is praising Zambia's efforts to reform its economy and urging its creditors to restructure the country's debts. Zambia was the first African country to default on its sovereign debt in the COV...
[IMF] Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement today in Lusaka at the conclusion of her January 22-24 visit to Zambia:
[Times of Zambia] Lusaka -- ZAMBIA has been a member of the 79-year-old International Monetary Fund (IMF) since 1965, a year after the dawn of the southern African country's political independence.
[VOA] Lusaka, Zambia -- Zambia's former ruling Patriotic Front party has rejected a report by the International Monetary Fund saying corruption flourished under its government.
[Times of Zambia] AS we continue highlighting some of the economic issues which were covered this year, today we focus on the International Monetary Fund (IMF)-bailout feat.
AS we continue highlighting some of the economic issues which were covered this year, today we focus on the International Monetary Fund (IMF)-bailout feat.In my view, Zambia’s acquisition of the IMF programme was one of the biggest economic feats, if not the biggest one posted in 2022.This is because apart from availing some resources to […]
By MAIMBOLWA MULIKELELA-ZAMBIA continues to record a single digital inflation making it out in Africa as one of the best performing countries in the region with a stable currency and the approval of the International Monetary Fund (IMF).
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By JAMES KUNDA-IMMEDIATE past South Korean Trade Minister Yeo Han-Koo has welcomed the International Monetary Fund (IMF) programme for Zambia and urge creditors to support the country’s ongoing debt restructuring programme.And Mr Yeo has urged the cou...
By JAMES KUNDA-THE Government has told investors that it hopes to agree debt relief terms with official creditors by the end of this year or early next year.In a presentation made to holders of Zambia’s three Eurobonds on Friday, the country reveals that a present value reduction of $6.3 billion, or 49 per cent of […]
By MAIMBOLWA MULIKELELA-ZAMBIA’S Official Creditor Committee (OCC) is expected to agree on comparable terms that will support the country’s broader goal of fiscal sustainability.This follows the subsequent provision of financing assurances by the OCC last month and the International Monetary Fund (IMF) board approval for the three-year US$1.3 billion Extended Credit Facility (ECF) for Zambia. […]
By JAMES KUNDA-THE International Monetary Fund (IMF) has released the country report for Zambia containing most of the information on the recently approved Extended Credit Facility (ECF) to the southern African country.According to the comprehensive report, Zambia and the IMF have agreed that the country enhances social sector spending while ensuring fiscal discipline to restore […]