Zambia secures US$1,3bn loan from IMF to restore fiscal stability

The International Monetary Fund (IMF) has approved a $1.3 billion loan to indebted Zambia to help restore fiscal stability and is urging the country to fight corruption.

The International Monetary Fund (IMF) has approved a $1.3 billion loan to indebted Zambia to help restore fiscal stability and is urging the country to fight corruption.

Local Government Minister Gary Nkombo has been urged to convene a mid-term consultative review of the CDF to get views and suggestions stakeholders on the guidelines.

Zambian Finance minister Situmbeko Musokotwane will this week host the first quarter briefing on economic affairs on at the Mulungushi International Conference Centre.

Finance minister Situmbeko Musokotwane has dissolved the boards of directors for the Zambia Revenue Authority and the National Road Fund Agency.

Minister of Finance Dr. Situmbeko Musokotwane on Friday visited Kazungula one stop border post (OSBP) to check on operations.

Finance minister Situmbeko Musokotwane has hailed Indo Zambia Bank, describing its growth as a success story.

LUSAKA - The opposition Patriotic Front (PF) has “unmasked” the alleged irregularities hidden in the Zambia 2022 National Budget.

President Hakainde Hichilema this week appointed Cabinet Ministers in accordance with articles 116(1), 117 of the Zambia constitution which empowers the President to appoint Cabinet and Provincial Ministers.