IMF Staff Reaches Staff-Level Agreement on an Extended Credit Facility Arrangement with Zambia
The Zambian authorities have committed to an ambitious economic reform program to address the severe economic and social challenges facing the country
The IMF team reached a staff-level agreement with the Zambian authorities on a new arrangement under the Extended Credit Facility (ECF) for 2022-2025 to help restore macroeconomic stability and provide the foundation for an inclusive economic recovery.The government’s ambitious reform program, supported by the IMF, seeks to restore fiscal and…