Zambia wins crucial IMF backing for $1.3bn program
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ZAMBIA TO CONCLUDE IMF ECF PROGRAMME, SHIFT FOCUS TO GROWTH-ORIENTED SUCCESOR ARRANGEMENT - MUSOKOTWANE Zambia will successfully conclude its current International Monetary Fund (IMF) Extended Credit Facility (ECF) programme and immediately begin engagement on a successor arrangement that places stronger emphasis on economic growth, investment and job creation, Minister of Finance and National Planning Situmbeko Musokotwane has announced. In a statement issued in Lusaka, the Minister clarified G
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Zambia has maintained its efforts to stabilize the economy, despite recurrent external shocks. The economy is showing resilience. IMF Mission Chief for Zambia provides an update on the country's IMF-supported program. Press release: https://www.imf.org/en/News/Articles/2023/12/20/pr23468-zambia-imf-exec-board-completes-2nd-rev-ecf-approves-us187m-disbursement Frequently Asked Questions: https://www.imf.org/en/Countries/ZMB/zambia-qandas | International Monetary Fund
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Global Investors Back Zambia’s Recovery By Mary Kachepa Some of the world’s largest investment firms, managing billions of dollars in global capital, have expressed strong support for Zambia’s economic recovery. Global asset manager Morgan Stanley Investment Management says the reforms underway in Zambia have placed the country back on the global investment map. Leading investors from firms including Artisan Partners, Squarepoint, Millennium Capital and Echo Capital have described ZAMBIA as an e
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Have you been wondering how you can access the CDF? An increase in allocation to K28.3 million means that more citizens will benefit from the fund. Learn more about the CDF in this explainer video. 👇 For more information, visit our website. www.acazambia.org/cdf/. For more explainer videos on accountability, subscribe to our YouTube channel by clicking on this link. https://www.youtube.com/.../UCsIQ5i0DcQQKoDK5hp.../playlists This explainer series is an initiative of the Alliance for Community
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Zambia to Benefit from £1.5 Million Fund for Ecosystem Restoration and Pollution Control By Lucky Phiri Zambia is among three Southern African countries selected to benefit from a £1.5 million fund aimed at restoring ecosystems and reducing river pollution. The other beneficiaries are Malawi and Zimbabwe. The funding has been released through the international programme Reversing Environmental Degradation in Africa and Asia, facilitated by Slum Dwellers International to support grassroots climat
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